Monetary Policy, Interest Rate Rules, and the Term Structure of Interest Rates Theoretical Considerations and Empirical Implications

The study implies that from the theoretical perspective term structure effects are an Important extension of interest rate rules. From an empirical perspective it shows that including term structure effects in interest rate reaction functions improves our understanding of the interest rate setting of the Deutsche Bundesbank and the European Central Bank.Fendel, Ralf is the author of 'Monetary Policy, Interest Rate Rules, and the Term Structure of Interest Rates Theoretical Considerations and Empirical Implications', published 2007 under ISBN 9783631558942 and ISBN 3631558945.