IS-PC-MR Model

Natural Rate
2.00%
π Response
0.690
Y Response
0.276
Taylor
1.69
> 1 ✓
Sacrifice
0.40
Half-Life
2.5per
CB Bias
0.00%
credible
Cum. Loss
0.15

Output (Y)

Yₙ = 1

Inflation (π)

π* = 2%

Real Rate (r)

rₙ = 2.0%

Loss (L)

Σ = 0.15