Optimal Monetary Policy Under Bounded Rationality
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Language: en
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Pages: 52
Type: BOOK - Published: 2019-08-02 - Publisher: International Monetary Fund
The form of bounded rationality characterizing the representative agent is key in the choice of the optimal monetary policy regime. While inflation targeting pr
Language: en
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Pages: 469
Type: BOOK - Published: 2007-11-01 - Publisher: University of Chicago Press
Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary pol
Language: en
Pages: 28
Pages: 28
Type: BOOK - Published: 1988-10-04 - Publisher: International Monetary Fund
The paper considers the merits of rules and discretion for monetary policy when the structure of the macroeconomic model and the probability distributions of di
Language: en
Pages: 313
Pages: 313
Type: BOOK - Published: 2009-02-09 - Publisher: Princeton University Press
Why do very different countries often emulate the same policy model? Two years after Ronald Reagan's income-tax simplification of 1986, Brazil adopted a similar
Language: en
Pages: 436
Pages: 436
Type: BOOK - Published: 2004 - Publisher: MIT Press
The NBER Macroeconomics Annual presents pioneering work in macroeconomics by leading academic researchers to an audience of public policymakers and the academic