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ArticleRobust inflation-forecast-based rules to shield against indeterminacy

Nicoletta Batini2006

Article2006

Robust inflation-forecast-based rules to shield against indeterminacy

Nicoletta Batini · Alejandro Justiniano · Paul L. Levine · Joseph G. Pearlman

37 citations·0/0 files stored·Journal of Economic Dynamics and Control

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

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References

1993Discretion versus policy rules in practice 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy 2001Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy 2000Low inflation, pass-through, and the pricing power of firms 2000Habit Formation in Consumption and Its Implications for Monetary-Policy Models 1967Uncertainty and the effectiveness of policy 1995Inflation Persistence

Cited by

2008Worldwide macroeconomic stability and monetary policy rules 2008Estimating the Parameters of a Small Open Economy DSGE Model: Identifiability and Inferential Validity 2009How forward-looking is the Fed? Direct estimates from a ‘Calvo-type’ rule 2005Robust Monetary Policy in a Small Open Economy 2008Monetary Policy Under Uncertainty in an Estimated Model with Labour Market Frictions 2010

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2004Indeterminacy with Inflation-Forecast-Based Rules in a Two-Bloc Modelpreprint · 11 shared references 2005Monetary Policy under Uncertainty in Micro-Founded Macroeconometric Modelsarticle · 10 shared references 2005Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Modelspreprint · 10 shared references 2003Optimal Interest-Rate Rules: II. Applicationsreport · 10 shared references 2003Optimal Inflation Targeting Rulesreport · 10 shared references 2005Parameter Misspecification and Robust Monetary Policy Rulespreprint · 9 shared references

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Year2006

Typearticle

Published2006-06-11

VenueJournal of Economic Dynamics and Control

ISSN-L0165-1889

Languageen

Citations37

Files0 public / 0

ShelfMonetary Policy and Economic Impact

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doi10.1016/j.jedc.2005.08.010

openalex_workW2087009199

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How robustness can lower the cost of discretion

2006Worldwide Macroeconomic Stability and Monetary Policy Rules

2007Optimal Constrained Interest‐Rate Rules