caa a22 4500 46315844X CHVBK 20180406164740.0 cr unu---uuuuu 170326e20070801xx s 000 0 eng 10.1007/s10258-007-0025-x doi (NATIONALLICENCE)springer-10.1007/s10258-007-0025-x Optimal simple rules and the lower bound on the nominal interest rate in the Christiano-Eichenbaum-Evans model of the US business cycle [Elektronische Daten] [Guido Ascari, Nicola Branzoli] Schmitt-Grohé and Uribe (NBER wp 10724, 2004b) analyzes the optimal, simple and implementable monetary policy rules in a medium-scale macromodel, as the one proposed by Christiano et al. (J Polit Econ 113:1-45, 2005). In doing so, they use a sensible, but somewhat arbitrary constraint to account for the lower bound condition on the nominal interest rate. In this work, we check the robustness of their main results to such a criteria. We find that the optimal policies are actually absolutely robust to the easing of this criterion for all the different cases considered. Springer-Verlag, 2007 Monetary policy rules-zero bound nationallicence New Keynesian model nationallicence Ascari Guido Department of Economics and Quantitative Methods, University of Pavia, Via San Felice 5, 27100, Pavia, Italy aut Branzoli Nicola Department of Economics and Quantitative Methods, University of Pavia, Via San Felice 5, 27100, Pavia, Italy aut Portuguese Economic Journal Springer-Verlag 6/2(2007-08-01), 117-131 1617-982X 6:2<117 2007 6 10258 https://doi.org/10.1007/s10258-007-0025-x text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10258-007-0025-x text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Ascari Guido Department of Economics and Quantitative Methods, University of Pavia, Via San Felice 5, 27100, Pavia, Italy aut NATIONALLICENCE 700 1- Branzoli Nicola Department of Economics and Quantitative Methods, University of Pavia, Via San Felice 5, 27100, Pavia, Italy aut NATIONALLICENCE 773 0- Portuguese Economic Journal Springer-Verlag 6/2(2007-08-01), 117-131 1617-982X 6:2<117 2007 6 10258 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer