Caution in macroeconomic policy: Uncertainty and the relative intensity of policy

DOI10.1016/S0165-1765(00)00216-0zbMATH Open0951.91044WikidataQ127609958 ScholiaQ127609958MaRDI QIDQ1978729FDOQ1978729

Authors: David A. Kendrick, P. Ruben Mercado 

Publication date: 4 June 2000

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

Recommendations

• The timing of uncertainty and the intensity of policy
• Parameter uncertainty and policy intensity: some extensions and suggestions for further work
• scientific article; zbMATH DE number 764428
• scientific article; zbMATH DE number 4079129
• On \(H^{\infty}\) criteria for macroeconomic policy evaluation

zbMATH Keywords

stochastic controlmacroeconomic policypolicy uncertainty

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Stochastic systems and control (93E99)

Cites Work

• Title not available (Why is that?)
• Should macroeconomic policy makers consider parameter covariances?
• Title not available (Why is that?)

Cited In (10)

• CREDIBILITY AND INTERTEMPORAL CONSISTENCY
• Optimal policy response with control parameter and intercept covariance
• The timing of uncertainty and the intensity of policy
• Parameter uncertainty and policy intensity: some extensions and suggestions for further work
• Robust monetary policy with misspecified models: Does model uncertainty always call for attenuated policy?
• Stochastic control for economic models: past, present and the paths ahead
• Robust control: A note on the timing of model uncertainty
• Robust control: a note on the response of the control to changes in the ``free parameter conditional on the character of nature
• Robust control: a note on the response of the control to changes in the ``free parameter
• The macro and asset pricing implications of rising Italian uncertainty: evidence from a novel news-based macroeconomic policy uncertainty index

This page was built for publication: Caution in macroeconomic policy: Uncertainty and the relative intensity of policy

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1978729)