Monetary policy with imperfect knowledge

Journal of the European Economic Association

Volumn 4, Issue 2-3, 2006, Pages 366-375

  Orphanides, Athanasios ^a   Williams, John C ^b  

^a FEDERAL RESERVE BOARD   (United States)

^b FEDERAL RESERVE BANK OF SAN FRANCISCO   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34948831423     PISSN: 15424766     EISSN: 15424774     Source Type: Journal    
DOI: 10.1162/jeea.2006.4.2-3.366     Document Type: Conference Paper

References (9)

1. McCallum, Bennett T. (1988). "Robustness Properties of a Rule for Monetary Policy." Carnegie-Rochester Conference Series on Public Policy, 29, 173-203.
2. Orphanides, Athanasios, and John C. Williams (2002). "Robust Monetary Policy Rules with Unknown Natural Rates." Brookings Papers on Economic Activity, 2, 63-118.
3. Orphanides, Athanasios, and John C. Williams (2004). "Imperfect Knowledge, Inflation Expectations and Monetary Policy." In The Inflation Targeting Debate, edited by Ben Bernanke and Michael Woodford. University of Chicago Press.
4. Orphanides, Athanasios, and John C. Williams (2005a). "Inflation Scares and Forecast-Based Monetary Policy." Review of Economic Dynamics, 8, 498-527.
5. Orphanides, Athanasios, and John C. Williams (2005b). "The Decline of Activist Stabilization Policy: Natural Rate Misperceptions, Learning, and Expectations." Journal of Economic Dynamics and Control, 29, 1927-1950.
6. Orphanides, Athanasios, and John C. Williams (2005c). "Robust Monetary Policy with Imperfect Knowledge." Manuscript, Board of Governors of the Federal Reserve System and the Federal Reserve Bank of San Francisco.
7. Orphanides, Athanasios, and John C. Williams (2005d). "Inflation Targeting under Imperfect Knowledge." Manuscript, Board of Governors of the Federal Reserve System and the Federal Reserve Bank of San Francisco.
8. Taylor, John B. (1993). "Discretion versus Policy Rules in Practice." Carnegie-Rochester Conference Series on Public Policy, 39, 195-214.
9. Williams, John C. (2005). "Robust Estimation and Monetary Policy with Unobserved Structural Change." In Models and Monetary Policy: Research in the Tradition of Dale Henderson, Richard Porter and Peter Tinsley, edited by Jon Faust, Athanasios Orphanides, and David L. Reifschneider. Board of Governors of the Federal Reserve System.