Optimal Policy with Partial Information in a Forward-Looking Model: Certainty-Equivalence Redux
收藏NBER2003-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9430
下载链接
链接失效反馈官方服务：
资源简介：
This paper proves a certainty equivalence result for optimal policy under commitment with symmetric partial information about the state of the economy in a model with forward-looking variables. This result is used in our previous paper, Indicator Variables for Optimal Policy,' which synthesizes what
提供机构：
美国国家经济研究局
创建时间：
2003-01-01
