Solving for optimal simple rules in rational expectations models

DOI10.1016/S0165-1889(03)00097-6MaRDI QIDQ953671zbMATH OpenFDO

Authors Richard Dennis

Publication date 6 November 2008

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

zbMATH Keywords

discretionoperational policy rulesprecommitment

Mathematics Subject Classification ID

History, political science (91F10) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• scientific article; zbMATH DE number 437299 (Why is no real title available?)
• scientific article; zbMATH DE number 1734466 (Why is no real title available?)
• scientific article; zbMATH DE number 777596 (Why is no real title available?)
• A linear algebraic procedure for solving linear perfect foresight models
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Monetary policy rules for an open economy
• On the Time Consistency of Optimal Policy in a Monetary Economy
• Optimal horizons for inflation targeting
• Politico-economic equilibrium and economic growth
• Solutions to linear rational expectations models: a compact exposition
• Solving dynamic equilibrium models by a method of undetermined coefficients
• Solving linear rational expectations models
• The Solution of Linear Difference Models under Rational Expectations
• Using the generalized Schur form to solve a multivariate linear rational expectations model

Cited in

(7)

• On Optimal Satisficing: How Simple Policies Can Achieve Excellent Results
• WELFARE-MAXIMIZING OPERATIONAL MONETARY AND TAX POLICY RULES
• Monetary and macroprudential policies in an estimated model with financial intermediation
• Dynamic specifications in optimizing trend-deviation macro models.
• Optimal monetary policy and long-term interest rate dynamics: Taylor rule extensions
• Optimal simple rules in RE models with risk sensitive preferences
• OPTIMAL POLICY IN RATIONAL EXPECTATIONS MODELS: NEW SOLUTION ALGORITHMS

Describes a project that uses

Uses Software

• Gensys
• Uhlig Toolkit

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