메뉴 건너뛰기




Volumn 82, Issue 1, 2004, Pages 21-27

Open loop time consistency for linear rational expectations models

Author keywords

Open loop; Rational expectations; Time consistency

Indexed keywords


EID: 0347603980     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2003.09.014     Document Type: Article
Times cited : (1)

References (17)
  • 1
    • 21844520210 scopus 로고
    • Solving stochastic optimization models with learning and rational expectations
    • Amman H.M. Kendrick D.A. Achath S. Solving stochastic optimization models with learning and rational expectations Economics Letters 48 1 1995 9-13
    • (1995) Economics Letters , vol.48 , Issue.1 , pp. 9-13
    • Amman, H.M.1    Kendrick, D.A.2    Achath, S.3
  • 3
    • 0000174465 scopus 로고
    • The solution of linear difference models under rational expectations
    • Blanchard O. Kahn C. The solution of linear difference models under rational expectations Econometrica 48 5 1980 1305-1311
    • (1980) Econometrica , vol.48 , Issue.5 , pp. 1305-1311
    • Blanchard, O.1    Kahn, C.2
  • 4
    • 26144459117 scopus 로고
    • Optimal and time-consistent policies in continuous-time, rational expectations models
    • NBER Technical Working Paper 29
    • Buiter, W.H., 1983. Optimal and time-consistent policies in continuous-time, rational expectations models. NBER Technical Working Paper 29.
    • (1983)
    • Buiter, W.H.1
  • 6
    • 0040364531 scopus 로고    scopus 로고
    • The science of monetary policy: A New Keynesian perspective
    • Clarida R.H. Galí J. Gertler M. The science of monetary policy: a New Keynesian perspective Journal of Economic Literature 37 4 1999 1661-1707
    • (1999) Journal of Economic Literature , vol.37 , Issue.4 , pp. 1661-1707
    • Clarida, R.H.1    Galí, J.2    Gertler, M.3
  • 8
    • 38249006870 scopus 로고
    • Fixed rules and decision rules: Time consistency and subgame perfection
    • Fershtman C. Fixed rules and decision rules: time consistency and subgame perfection Economics Letters 30 3 1989 191-194
    • (1989) Economics Letters , vol.30 , Issue.3 , pp. 191-194
    • Fershtman, C.1
  • 9
    • 0001891557 scopus 로고
    • Dynamic inconsistency, cooperation and the benevolent disembling government
    • Fischer S. Dynamic inconsistency, cooperation and the benevolent disembling government Journal of Economic Dynamics and Control 2 1 1980 93-107
    • (1980) Journal of Economic Dynamics and Control , vol.2 , Issue.1 , pp. 93-107
    • Fischer, S.1
  • 11
    • 0346835936 scopus 로고    scopus 로고
    • The solution of singular linear difference systems under rational expectations
    • King R.G. Watson M.W. The solution of singular linear difference systems under rational expectations International Economic Review 39 4 1998 1015-1026
    • (1998) International Economic Review , vol.39 , Issue.4 , pp. 1015-1026
    • King, R.G.1    Watson, M.W.2
  • 12
    • 0003414942 scopus 로고    scopus 로고
    • Timeless perspective versus discretionary monetary policy in forward-looking models
    • NBER Working Paper 7915
    • McCallum, B.T., Nelson, E., 2000. Timeless perspective versus discretionary monetary policy in forward-looking models. NBER Working Paper 7915.
    • (2000)
    • McCallum, B.T.1    Nelson, E.2
  • 13
    • 0002586148 scopus 로고
    • International policy coordination in dynamic macroeconomic models
    • W. Buiter, & R. Marston (Eds.), Cambridge: Cambridge University Press
    • Oudiz G. Sachs J. International policy coordination in dynamic macroeconomic models Buiter W. Marston R. International Economic Policy Coordination 1985 Cambridge University Press Cambridge
    • (1985) International Economic Policy Coordination
    • Oudiz, G.1    Sachs, J.2
  • 14
    • 0344223241 scopus 로고    scopus 로고
    • Solution and estimation of RE macromodels with optimal policy
    • Söderlind P. Solution and estimation of RE macromodels with optimal policy European Economic Review 43 4-6 1999 813-823
    • (1999) European Economic Review , vol.43 , Issue.4-6 , pp. 813-823
    • Söderlind, P.1
  • 15
    • 0003888346 scopus 로고    scopus 로고
    • Indicator variables for optimal policy
    • NBER Working Paper W7953
    • Svenson, L.E., Woodford, M., 2000. Indicator variables for optimal policy. NBER Working Paper W7953.
    • (2000)
    • Svenson, L.E.1    Woodford, M.2
  • 17
    • 0003888332 scopus 로고    scopus 로고
    • Optimal monetary policy inertia
    • NBER Working Paper 7261
    • Woodford, M., 1999. Optimal monetary policy inertia. NBER Working Paper 7261.
    • (1999)
    • Woodford, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.