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Learning, expectations formation, and the pitfalls of optimal control monetary policy

Orphanides, Athanasios; Williams, John C. - In: Journal of Monetary Economics 55 (2008) Supplement 1, pp. 80-80

The optimal control approach to monetary policy has garnered increased attention in recent years. Optimal control policies, however, are designed for the specific features of a particular model and therefore may not be robust to model misspecification. One important source of potential...

Persistent link: https://www.econbiz.de/10005180856

Robust monetary policy with imperfect knowledge

Orphanides, Athanasios; Williams, John C. - In: Journal of Monetary Economics 54 (2007) 5, pp. 1406-1435

Persistent link: https://www.econbiz.de/10005182410

Robust monetary policy with competing reference models

Levin, Andrew T.; Williams, John C. - In: Journal of Monetary Economics 50 (2003) 5, pp. 945-975

Persistent link: https://www.econbiz.de/10005180509

Learning and shifts in long-run productivity growth

Edge, Rochelle M.; Laubach, Thomas; Williams, John C. - In: Journal of Monetary Economics 54 (2007) 8, pp. 2421-2438

Persistent link: https://www.econbiz.de/10005180586

Using a long-term interest rate as the monetary policy instrument

McGough, Bruce; Rudebusch, Glenn D.; Williams, John C. - In: Journal of Monetary Economics 52 (2005) 5, pp. 855-879

Persistent link: https://www.econbiz.de/10005182473

The macroeconomic consequences of terrorism

Blomberg, S. Brock; Hess, Gregory D.; Orphanides, Athanasios - In: Journal of Monetary Economics 51 (2004) 5, pp. 1007-1032

Persistent link: https://www.econbiz.de/10005131387

Historical monetary policy analysis and the Taylor rule

Orphanides, Athanasios - In: Journal of Monetary Economics 50 (2003) 5, pp. 983-1022

Persistent link: https://www.econbiz.de/10005131422

A quantitative exploration of the opportunistic approach to disinflation

Aksoy, Yunus; Orphanides, Athanasios; Small, David; … - In: Journal of Monetary Economics 53 (2006) 8, pp. 1877-1893

Persistent link: https://www.econbiz.de/10005131641

The quest for prosperity without inflation

Orphanides, Athanasios - In: Journal of Monetary Economics 50 (2003) 3, pp. 633-663

Persistent link: https://www.econbiz.de/10005131770

Monetary policy evaluation with noisy information

Orphanides, Athanasios - In: Journal of Monetary Economics 50 (2003) 3, pp. 605-631

Persistent link: https://www.econbiz.de/10005131797