问题如下:
Suppose the neutral real policy rate is 2.25%, the target inflation rate is 2%, and trend growth is estimated to be 2.5%. If growth is expected to be 3.5% and inflation is expected to be 3%, calculate the nominal policy rate according the Taylor rule.
选项:
A.4%
B.6.25%
3.25%
解释:
B is correct.
解释:
2.25% + 3% + 0.5 (3.5% – 2.5%) + 0.5 (3.0% – 2.0%) = 6.25%
Taylor公式中,加的是“target 通胀率”,应该是2%。所以结果应为:
5.25%=2.25%+2%+0.5(3.5%-2.5%)+0.5(3%-2%)
而非6.25%.
请问老师,是否答案错了?
谢谢。