Optimal simple rules in RE models with risk sensitive preferences

DOI10.1016/J.ECONLET.2007.03.004MaRDI QIDQ1934180zbMATH OpenOpenAlexFDO

Authors Mingjun Zhao

Publication date 28 January 2013

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2007.03.004

zbMATH Keywords

commitmentrisk sensitive controlsimple rules

Mathematics Subject Classification ID

Economic growth models (91B62)

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Cites work

• Discounted linear exponential quadratic Gaussian control
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Optimal stochastic linear systems with exponential performance criteria and their relation to deterministic differential games
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Using the generalized Schur form to solve a multivariate linear rational expectations model

Cited in

(3)

• Rules of thumb in macroeconomic equilibrium
• Economic policy rules for risk-sensitive decision making
• Solving for optimal simple rules in rational expectations models

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