TY - RPRT AU - Alonso González, Alberto AU - Uxó González, Jorge PY - 2009 SN - 2255-5471 UR - https://hdl.handle.net/20.500.14352/49283 AB - This paper deals with some problems related to the application of monetary policy following the Taylor Rule in the theoretical context of a “3-equation model”. The first problem arises if the real interest rate does not affect the equilibrium income... LA - eng A3 - Facultad de Cienias Económicas y Empresariales. Decanato KW - Monetary Policy KW - Taylor Rule KW - Liquidity Trap KW - Simulations. TI - Two problems of the Taylor rule and a proposal: the tracking rule TY - technical report VL - 2009 ER -