Showing 1 - 10 of 10,310
Persistent link: https://www.econbiz.de/10001235338
Persistent link: https://www.econbiz.de/10009582141
improve the quality of the collective decision. Imposing a deadline may result in stalling, in which players at some point … time that would allow efficient information aggregation in equilibrium. …
Persistent link: https://www.econbiz.de/10011690720
Persistent link: https://www.econbiz.de/10003986027
Persistent link: https://www.econbiz.de/10009576556
Persistent link: https://www.econbiz.de/10009559738
Persistent link: https://www.econbiz.de/10009706472
Persistent link: https://www.econbiz.de/10010431350
This paper identifies parameters responsible for welfare reversals when the basic New Keynesian model is approximated. In our setting, a reversal occurs when the Ramsey policy under timeless perspective commitment ceases to be dominant against the Taylor rule after approximating the model. We...
Persistent link: https://www.econbiz.de/10008759455
Persistent link: https://www.econbiz.de/10009296720