Expectation Traps and DiscretionVaradarajan V. Chari, Lawrence J. Christiano, Martin Eichenbaum1998-08-01articleJournal of Economic Theory177 citationsclosedNo readable copy stored yet — this record is metadata only.Economic theories and modelsMonetary Policy and Economic ImpactEconomic Theory and PolicyAbstractNo abstract was published for this record.Citations in this libraryStored only when both papers are in the corpus — 177 citations exist upstream.References1977Rules Rather than Discretion: The Inconsistency of Optimal Plans1976Econometric policy evaluation: A critique1983Rules, discretion and reputation in a model of monetary policy1980Aggregate Dynamics and Staggered Contracts1988On the Theory of Infinitely Repeated Games with Discounting1996The Effects of Monetary Policy Shocks: Evidence from the Flow of Funds1983Do Sunspots Matter?1981Self-fulfilling propheciesCited by2008Evolution and Intelligent Design2004Monetary Discretion, Pricing Complementarity, and Dynamic Multiple Equilibria2004Equilibrium and government commitment2005The Great Inflation of the Seventies: What Really Happened?2006Real Balance Effects and Monetary Policy2002The Role of Output Stabilization in the Conduct of Monetary Policy2008Does Deliberation Matter in FOMC Monetary Policymaking? The Volcker Revolution of 19792008The Role of Media for Consumers' Inflation Expectation Formation