Taylor Rules with Real-Time Data: A Tale of Two Countries and One Exchange Rate

By Tanya Molodtsova, Alex Nikolsko-Rzhevskyy, David H. Papell. 2008

157 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/5f563f16d2c773e707649a82aaaff1033e07b131

Citations in the corpus

• Out-of-sample exchange rate predictability with Taylor rule fundamentals (2009, unknown): “26 Molodtsova, Nikolsko-Rzhevskyy, and Papell (2008) estimate coefficients for ρ in Equation (5) equal to 0.54 for the U.S.”
• Exchange rate predictability in a changing world (2014, unknown): “27 However, unlike Molodtsova and Papell (2009) who find more precise forecasts with Taylor rule fundamentals relative to PPP fundamentals, we find the opposite, and we attribute these findings to the quarterly frequency of our data.”