On the Pareto efficiency of term structure targeting policies

DOI10.1016/J.MATHSOCSCI.2015.07.002zbMATH Open1331.91131OpenAlexW989822459MaRDI QIDQ900256FDOQ900256

Authors: Matthew Hoelle 

Publication date: 22 December 2015

Published in: Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.mathsocsci.2015.07.002

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Mathematics Subject Classification ID

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

Cites Work

• On the optimality of equilibrium when the market structure is incomplete
• Collateral equilibrium. I: A basic framework
• Real effects of money in general equilibrium
• Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles
• Anchoring expectations of inflation
• Term structure and forward guidance as instruments of monetary policy
• The relation between sunspot effects and multiplicity in incomplete markets models with numeraire assets
• On the Flexibility of Monetary Policy: The Case of the Optimal Inflation Tax

Cited In (1)

• Optimal term structure in a monetary economy with incomplete markets

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