Uncertainty and the inflation bias of monetary policy

DOI10.1016/S0165-1765(97)00223-1zbMATH Open0896.90038OpenAlexW2079422362WikidataQ127680234 ScholiaQ127680234MaRDI QIDQ1389428FDOQ1389428

Authors: Douglas K. Pearce, Motoshi Sobue 

Publication date: 30 June 1998

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(97)00223-1

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zbMATH Keywords

uncertaintymonetary policydynamic inconsistency

Mathematics Subject Classification ID

Economic growth models (91B62)

Cited In (19)

• Monetary control uncertainty and inflation bias.
• Real supply shocks and the money growth-inflation relationship
• Relationship between inflation and inflation uncertainty: The case of Serbia
• Relationship between inflation rate and inflation uncertainty.
• Endogenous uncertainty and the non-neutrality of money
• The inflationary bias of real uncertainty and the harmonic Fisher equation
• Measurement problems and uncertainty in monetary policy
• Monetary policy under misspecified expectations
• Uncertain potential output: Implications for monetary policy
• The propagation of uncertainty shocks: Rotemberg versus Calvo
• Inflationary Consequences of Anticipated Macroeconomic Policies
• Electing monetary policymakers according to inflation performance
• Inflation and uncertainty in New Keynesian models: a note
• Monetary uncertainty, strategic wage setting and equilibrium employment
• Uncertainty and fiscal policy in an asymmetric monetary union
• Revisiting the role of multiplicative uncertainty in a model without inflationary bias
• Reassessing the inflation uncertainty‐inflation relationship in the tails
• Discretionary monetary policy with costly inflation
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