Reflections on the failure of the Taylor principle under commitment

DOI10.1016/J.ECONLET.2011.02.031MaRDI QIDQ553883zbMATH OpenOpenAlexFDO

Authors Emanuel Barnea, Nissan Liviatan

Publication date 28 July 2011

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2011.02.031

zbMATH Keywords

commitmentdiscretionTaylor principle

Mathematics Subject Classification ID

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

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Cited in

(1)

• Expectation Traps and Monetary Policy

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