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Uncertainty and the inflation bias of monetary policy · Study

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ArticleUncertainty and the inflation bias of monetary policy

Douglas K. Pearce1997

Article1997

Uncertainty and the inflation bias of monetary policy

Douglas K. Pearce · Motoshi Sobue

19 citations·0/0 files stored·Economics Letters

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

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References

1977Rules Rather than Discretion: The Inconsistency of Optimal Plans 1985The Optimal Degree of Commitment to an Intermediate Monetary Target 1983Rules, discretion and reputation in a model of monetary policy 1986A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information 1961A Program for Monetary Stability 1995Optimal contracts for central bankers 1992Optimal Commitment in Monetary Policy: Credibility versus Flexibility 1982The Search for a Stable Money Demand Function: A Survey Of the Post-1973 Literature

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2009Policy uncertainty, symbiosis, and the optimal fiscal and monetary conservativeness

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Year1997

Typearticle

Published1997-12-01

VenueEconomics Letters

ISSN-L0165-1765

Languageen

Citations19

Files0 public / 0

ShelfMonetary Policy and Economic Impact

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doi10.1016/s0165-1765(97)00223-1

openalex_workW2079422362

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