Managing disinflation under uncertainty

DOI10.1016/J.JEDC.2010.07.005MaRDI QIDQ608908zbMATH OpenOpenAlexFDO

Authors E. Schaling, Mewael F. Tesfaselassie

Publication date 26 November 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2010.07.005

zbMATH Keywords

Kalman filterdynamic programminglearningoptimal controlseparation principleinflation expectationsdisinflation policy

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Decision theory (91B06) Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• Learning and optimal monetary policy
• LEARNING THE INFLATION TARGET
• Optimal disinflationary paths
• Inflation Variability and Gradualist Monetary Policy
• LEARNING, COMMITMENT, AND MONETARY POLICY

Cites work

• Controlling a Stochastic Process with Unknown Parameters
• Inflation Variability and Gradualist Monetary Policy
• Keynesian macrodynamics and the Phillips curve: an estimated model for the U.S. economy
• Learning and control in a changing economic environment.
• Learning by doing and the value of optimal experimentation
• Optimal Control of an Unknown Linear Process with Learning
• The Multi-Period Control Problem Under Uncertainty

Cited in

(4)

• Managing pessimistic expectations and fiscal policy
• Inflation Variability and Gradualist Monetary Policy
• Anticipated disinflation and recession in the New Keynesian model under learning
• Guaranteed planning of the economy under uncertain results of disarmament talks

This page was built for publication: Managing disinflation under uncertainty

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q608908)