Similar Search Results

Inflation stabilization and welfare : the case of a distorted steady state

Benigno, Pierpaolo; Woodford, Michael - 2004

Persistent link: https://www.econbiz.de/10002385219

Inflation stabilization and welfare : the case of a distorted steady state

Benigno, Pierpaolo; Woodford, Michael - In: Journal of the European Economic Association 3 (2005) 6, pp. 1185-1236

Persistent link: https://www.econbiz.de/10003269445

Inflation stabilization and welfare : the case of a distorted steady state

Benigno, Pierpaolo (contributor); … - 2004

"This paper considers the appropriate stabilization objectives for monetary policy in a microfounded model with staggered price-setting. Rotemberg and Woodford (1997) and Woodford (2002) have shown that under certain conditions, a local approximation to the expected utility of the representative...

Persistent link: https://www.econbiz.de/10003244168

Inflation Stabilization and Welfare : The Case of a Distorted Steady State

Benigno, Pierpaolo - 2004

This paper considers the appropriate stabilization objectives for monetary policy in a microfounded model with staggered price-setting. Rotemberg and Woodford (1997) and Woodford (2002) have shown that under certain conditions, a local approximation to the expected utility of the representative...

Persistent link: https://www.econbiz.de/10012467851

Inflation Stabilization and Welfare : The Case of a Distorted Steady State

Benigno, Pierpaolo; Woodford, Michael - 2021

Persistent link: https://www.econbiz.de/10013247421

Outlier blindness : a neurobiological foundation for neglect of financial risk

Payzan Le Nestour, Elise; Woodford, Michael - In: Journal of financial economics 143 (2022) 3, pp. 1316-1343

Persistent link: https://www.econbiz.de/10013402178

Wanting Robustness in Macroeconomics

Hansen, Lars Peter; Sargent, Thomas J. - In: Handbook of Monetary Economics

Robust control theory is a tool for assessing decision rules when a decision maker distrusts either the specification … relate robust control theory to the so-called multiplier and constraint preferences that have been used to express ambiguity …

Persistent link: https://www.econbiz.de/10009002651

Energy taxes and aggregate economic activity

Rotemberg, Julio; Woodford, Michael - 1993

Persistent link: https://www.econbiz.de/10000878765

Is the business cycle a necessary consequence of stochastic growth?

Rotemberg, Julio; Woodford, Michael - 1994

Persistent link: https://www.econbiz.de/10000883030

Dynamic general equilibrium models with imperfectly competitive product markets

Rotemberg, Julio; Woodford, Michael - 1993

Persistent link: https://www.econbiz.de/10000885051

1
2
3
4
5
6
7
8
9
10
Next
Last