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The advantage of transparent instruments of monetary policy

Atkeson, Andrew; Kehoe, Patrick J. - 2001

Persistent link: https://www.econbiz.de/10001630802

Money, interest rates, and exchange rates with endogenously segmented asset markets

Alvarez Garrido, Fernando; Atkeson, Andrew; Kehoe, … - 2000

Persistent link: https://www.econbiz.de/10001506103

The advantage of transparent instruments of monetary policy

Atkeson, Andrew; Kehoe, Patrick J. - 2003 - Rev

Persistent link: https://www.econbiz.de/10001854129

The optimal degree of discretion in monetary policy

Athey, Susan; Atkeson, Andrew; Kehoe, Patrick J. - 2004 - Rev

"How much discretion should the monetary authority have in setting its policy? This question is analyzed in an economy with an agreed-upon social welfare function that depends on the randomly fluctuating state of the economy. The monetary authority has private information about that state. In...