Discretion rather than rules : equilibrium uniqueness and forward guidance with inconsistent optimal plans
Jeffrey R. Campbell, Jacob P. Weber
| Year of publication: |
2021
|
|---|---|
| Authors: | Campbell, Jeffrey R. ; Weber, Jacob P. |
| Published in: |
Review of economic dynamics. - Amsterdam : Elsevier, ISSN 1094-2025, ZDB-ID 1406100-4. - Vol. 41.2021, p. 243-254
|
| Subject: | Monetary policy | Open mouth operations | Quasi-commitment | Ramsey problem | Theorie | Theory | Geldpolitik | Regelbindung versus Diskretion | Rules versus discretion |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1016/j.red.2020.11.005 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012872949