Resuscitating the ad hoc loss function for monetary policy analysis

DOI10.1016/J.ECONLET.2014.03.010zbMATH Open1293.91136OpenAlexW2011289854MaRDI QIDQ397943FDOQ397943

Authors: Juan Paez-Farrell 

Publication date: 12 August 2014

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

Full work available at URL: https://doi.org/10.1016/j.econlet.2014.03.010

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zbMATH Keywords

robustnesscommitmentloss functionoptimal monetary policy

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Estimation and control of an optimization-based model with sticky prices and wages
• OPTIMAL POLICY IN RATIONAL EXPECTATIONS MODELS: NEW SOLUTION ALGORITHMS

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