Optimal policy with limited commitment

DOI10.1016/S0165-1889(97)00089-4MaRDI QIDQ1129181zbMATH OpenFDO

Authors Kenneth Kasa

Publication date 13 August 1998

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

zbMATH Keywords

frequency-domain optimizationrational expectations policy design model

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Statistical methods; economic indices and measures (91B82)

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• LEARNING, COMMITMENT, AND MONETARY POLICY
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Cites work

• scientific article; zbMATH DE number 3205524 (Why is no real title available?)
• Analytical Policy Design under Rational Expectations
• Asymptotic Properties of Pipeline Control of the Money Supply
• Models of Policy under Stochastic Replanning
• Oligopoly Extraction of a Common Property Natural Resource: The Importance of the Period of Commitment in Dynamic Games
• On the Time Consistency of Optimal Policy in a Monetary Economy
• Optimal cartel equilibria with imperfect monitoring

Cited in

(3)

• Optimal commitment policy under noisy information
• The non-optimality of proposed monetary policy rules under timeless perspective commitment
• Optimal horizons for inflation targeting

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