The Non-Optimality of Proposed Monetary Policy Rules Under Timeless-Perspective Commitment
收藏NBER2002-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8882
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资源简介：
Several recent papers have usefully emphasized the inefficiency that arises from discretionary monetary policymaking, relative to optimal policy from a 'timeless perspective,' in macroeconomic models with forward-looking private behavior. The inefficiency in question is in terms of average outcomes
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美国国家经济研究局创建时间：
2002-04-01
