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Economics Letters
Volumn 57, Issue 2, 1997, Pages 203-207
Uncertainty and the inflation bias of monetary policy
Author keywords

Dynamic inconsistency; E52; E58; Monetary policy; Uncertainty
Indexed keywords

EID: 0031555192     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0165-1765(97)00223-1     Document Type: Article
Times cited : (10)
References (12)
  • 2
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    • Barro, R.J.1    Gordon, D.B.2
  • 3
    • 0010670303 scopus 로고
    • Uncertainty and the theory of policy
    • In: Brunner, K. (Ed.), Chandler Publishing, San Francisco
    • Brainard, W.C., 1969. Uncertainty and the theory of policy. In: Brunner, K. (Ed.), Targets and indicators of monetary policy. Chandler Publishing, San Francisco, pp. 113-123.
    • (1969) Targets and Indicators of Monetary Policy , pp. 113-123
    • Brainard, W.C.1
  • 4
    • 0001094779 scopus 로고
    • A theory of ambiguity, credibility, and inflation under discretion and asymmetric information
    • Cukierman A., Meltzer A.H. A theory of ambiguity, credibility, and inflation under discretion and asymmetric information. Econometrica. 54:1986;1099-1128.
    • (1986) Econometrica , vol.54 , pp. 1099-1128
    • Cukierman, A.1    Meltzer, A.H.2
  • 6
    • 84977314900 scopus 로고
    • Uncertain effects of money and the link between the inflation rate and inflation uncertainty
    • Holland A.S. Uncertain effects of money and the link between the inflation rate and inflation uncertainty. Economic Inquiry. 31:1993;39-51.
    • (1993) Economic Inquiry , vol.31 , pp. 39-51
    • Holland, A.S.1
  • 7
    • 0001501610 scopus 로고
    • The search for a stable money demand function: A survey of the post-1973 literature
    • Judd J.P., Scadding J.L. The search for a stable money demand function: A survey of the post-1973 literature. Journal of Economic Literature. 20:1982;993-1023.
    • (1982) Journal of Economic Literature , vol.20 , pp. 993-1023
    • Judd, J.P.1    Scadding, J.L.2
  • 8
    • 0000643498 scopus 로고
    • Rules rather than discretion: The inconsistency of optimal plans
    • Kydland F.E., Prescott E.C. Rules rather than discretion: The inconsistency of optimal plans. Journal of Political Economy. 85:1977;473-492.
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    • Kydland, F.E.1    Prescott, E.C.2
  • 9
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    • Optimal commitment in monetary policy: Credibility versus flexibility
    • Lohmann S. Optimal commitment in monetary policy: Credibility versus flexibility. American Economic Review. 82:1992;273-286.
    • (1992) American Economic Review , vol.82 , pp. 273-286
    • Lohmann, S.1
  • 10
    • 84947586303 scopus 로고
    • Optimal degree of commitment to an intermediate monetary target
    • Rogoff K. Optimal degree of commitment to an intermediate monetary target. Quarterly Journal of Economics. 100:1985;1169-1190.
    • (1985) Quarterly Journal of Economics , vol.100 , pp. 1169-1190
    • Rogoff, K.1
  • 11
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    • On the relation between the variability of inflation and the average inflation rate
    • Taylor J.B. On the relation between the variability of inflation and the average inflation rate. Carnegie-Rochester Conference Series on Public Policy. 15:1981;57-86.
    • (1981) Carnegie-Rochester Conference Series on Public Policy , vol.15 , pp. 57-86
    • Taylor, J.B.1
  • 12
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    • Optimal contracts for central bankers
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    • Walsh, C.E.1

* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.