The Optimal Degree of Discretion in Monetary Policy
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Publication:5393889
DOI10.1111/j.1468-0262.2005.00626.xzbMath1152.91668OpenAlexW2150522080WikidataQ57568073 ScholiaQ57568073MaRDI QIDQ5393889
Patrick J. Kehoe, Andrew Atkeson, Susan Athey
Publication date: 24 October 2006
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp338.pdf
time inconsistencyoptimal monetary policyinflation targetsactivist monetary policyinflation capsrules vs. discretion
Applications of statistics to actuarial sciences and financial mathematics (62P05) Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Characterization and structure theory of statistical distributions (62E10)
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