Optimal Target Criteria for Stabilization Policy
收藏NBER2010-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15757
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资源简介：
This paper considers a general class of nonlinear rational-expectations models in which policymakers seek to maximize an objective function that may be household expected utility. We show how to derive a target criterion that is: (i) consistent with the model's structural equations, (ii) strong
提供机构：
美国国家经济研究局
创建时间：
2010-02-01
