Bibliographical references

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ASSO, P.F., G.A. KAHN, R. LESSON (2007): “The Taylor Rule and the Transformation of Monetary Policy”, Research Working Paper, Federal Reserve Bank of Kansas City, nº 07-11.

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BENATI, L., G. VITALE (2007): “Joint estimation of the natural rate of interest, the natural rate of unemployment, expected inflation and potential output”, ECB Working Papers, nº 797.

BENHABIB, J., S. SCHMITT-GROHÉ, M. URIBE (2001): “The perils of Taylor Rules”, Journal of Economic Theory, 96.

BLINDER, A. (1998): Central Banking in Theory and Practice, Cambridge (Mass.), MIT Press.

CLARIDA, R., J. GALÍ and M. GERTLER (1999): “The Science of Monetary Policy: a New Keynesian Perspective”, Journal of Economic Literature, XXXVII, december.

CARLIN, W., SOSKICE, D. (2006): Macroeconomics. Imperfections, Institutions and Policies, Oxford, Oxford University Press.

CRESPO CUARESMA, J., E. GNAN, D. RITZBERGER-GRÜNWALD (2005): “The natural rate of interest- Concepts and appraisal for the euro area”, Monetary Policy and the Economy, Q4/05, Oesterreichische Nationalbank.

GALÍ, J. (2008): Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework, Princeton, Princeton University Press.

GREENSPAN, A. (1993): Testimony of Alan Greenspan before the Committee on Banking, Finance and Urban Affairs, US House of Representatives, July 20, US Government Printing Office.

ORPHANIDES, A. (2007): “Taylor rules”, FEDS Working Paper, No. 2007-18.

ORPHANIDES, A., J.C. WILLIAMS (2003): “Robust Monetary Policy Rules with Unknown Natural Rates”, FRBSF Working Papers, nº 2003-01.

REIS, R. (2003): “Where Is the Natural Rate? Rational Policy Mistakes and Persistent Deviations of Inflation from Target”, The B.E. Journal of Macroeconomics, 3 (1).

TAYLOR, J. (1998): “Monetary Policy Guidelines for Employment and Inflation Stability”, in R. SOLOW, J. TAYLOR, eds: Inflation, Unemployment and Monetary Policy, Cambridge (Mass.), MIT Press.

TAYLOR, J. (2008): The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong, Bank of Canada.

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WOODFORD, M. (2003): Interest and prices. Foundations of a theory of monetary policy, Princeton, Princeton University Press.

WU, T. (2005): “Estimating the ‘Neutral’ Real Interest Rate in Real Time”, FRBSF Economic Letter, nº 2005-27, octubre.