Inflation and output volatility under asymmetric incomplete information

DOI10.1016/J.JEDC.2010.08.003MaRDI QIDQ622233zbMATH OpenOpenAlexFDO

Authors Giacomo Carboni, Martin Ellison

Publication date 31 January 2011

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.2010.08.003

zbMATH Keywords

signal extractionasymmetric informationimperfect credibility

Mathematics Subject Classification ID

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

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Cites work

• Efficient Use of Information and Social�Value�of�Information
• Indicator variables for optimal policy under asymmetric information
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Reputational and nonreputational policies under partial information

Cited in

(6)

• Static and dynamic effects of central bank transparency
• The inflation and output variability tradeoff: Evidence from a GARCH model
• Productivity growth, transparency, and monetary policy
• Imperfect transparency and shifts in the central bank's output gap target
• Inflation level and inflation volatility: a seigniorage argument
• Information structure and the transmission of inflationary expectations

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