Books or articles for parameters interpretation

General DSGE Modeling
1

Dear Professor,
Please give me a suggested book or article where I can find an in-depth interpretation of the parameters of fiscal and monetary policy. The parameters of fiscal and monetary policies often depend on the objective of the research. But in general, some parameters appear in Taylor’s rule, eg rho_pi, rho_y. I wanted to have a deep understanding of how to interpret variations in the values of these parameters.

Best regards,

2

Those are standard reaction coefficients. How do monetary or fiscal instruments react to other endogenous variables. Because it’s so standard, I cannot think about any reference that bothers to explain them.

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