Clémentine Gallès
Biographic Data
| ID | 8920842 |
|---|---|
| NAME | Clémentine Gallès |
| GIVEN NAMES | Clémentine |
| FAMILY NAME | Gallès |
| SIGNATURE | GALLÈS C |
| AFFILIATIONS | Université Toulouse-I-Capitole |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2004 |
| LATEST PUBLICATION YEAR | 2004 |
| H-INDEX | 0 |
Assessing Generalized Method-of-Moments Estimates of the Federal Reserve Reaction Function
Estimating a forward-looking monetary policy rule by the generalized method of moments (GMM) has become a popular approach. We reexamine estimates of the Federal Reserve reaction function using several GMM estimators and a maximum likelihood (ML) estimator. First, we show that over the baseline period 1979–2000, these alternative approaches yield substantially different parameter estimates. Using Monte Carlo simulations, we show that the finite-s…
No prominent works on this page.
Assessing Generalized Method-of-Moments Estimates of the Federal Reserve Reaction Function
Estimating a forward-looking monetary policy rule by the generalized method of moments (GMM) has become a popular approach. We reexamine estimates of the Federal Reserve reaction function using several GMM estimators and a maximum likelihood (ML) estimator. First, we show that over the baseline period 1979–2000, these alternative approaches yield substantially different parameter estimates. Using Monte Carlo simulations, we show that the finite-s…
Econometrics (1 works) · Endogeneity (1 works) · Estimator (1 works) · Fiscal Policy and Economic Growth (1 works) · Generalized method of moments (1 works) · Market Dynamics and Volatility (1 works) · Mathematics (1 works) · Monetary Policy and Economic Impact (1 works) · Monte Carlo method (1 works) · Statistics (1 works)