One role of monetary policy is to coordinate expectations in the economy and greater transparency of monetary policy may lead to greater coordination. But if transparent
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Length: 21 pages Date of creation: Mar 2003 Date of revision: Publication status: Published in Oxford Review of Economic Policy, 18: 495-503, 2002 Handle: RePEc:cwl:cwldpp:1405
Find related papers by JEL classification: C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
This paper has been announced in the following NEP Reports:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Woodford, Michael, 1990.
"Learning to Believe in Sunspots,"
Econometrica,
Econometric Society, vol. 58(2), pages 277-307, March.
[Downloadable!] (restricted)
Other versions:
Howitt, Peter & McAfee, R Preston, 1992.
"Animal Spirits,"
American Economic Review,
American Economic Association, vol. 82(3), pages 493-507, June.
[Downloadable!] (restricted)
Other versions:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.) This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.