Managing disinflation under uncertainty

DOI10.1016/J.JEDC.2010.07.005zbMATH Open1202.91232OpenAlexW2113615888MaRDI QIDQ608908FDOQ608908

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

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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)

Cites Work

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

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

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