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Parameter Uncertainty and the Central Bank's Objective Function

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Author Info
John C. Williams
Andrew T. Levin

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Abstract

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Publisher Info
Paper provided by Society for Computational Economics in its series Computing in Economics and Finance 2003 with number 215.

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Date of creation: 01 Aug 2003
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Handle: RePEc:sce:scecf3:215

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Related research
Keywords: optimal control monetary policy DGE

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Find related papers by JEL classification:
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

Cited by:
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  1. Takeshi Kimura & Takushi Kurozumi, 2003. "Optimal monetary policy in a micro-founded model with parameter uncertainty," Finance and Economics Discussion Series 2003-67, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    Other versions:
  2. Andrew T. Levin & Richhild Moessner, 2005. "Inflation persistence and monetary policy design - an overview," Working Paper Series 539, European Central Bank. [Downloadable!]
  3. Andrew T. Levin & John C. Williams, 2003. "Robust monetary policy with competing reference models," Working Papers in Applied Economic Theory 2003-10, Federal Reserve Bank of San Francisco. [Downloadable!]
    Other versions:
  4. Carl Walsh, 2004. "Implications of a Changing Economic Structure for the Strategy of Monetary Policy," Santa Cruz Center for International Economics, Working Paper Series 1023, Center for International Economics, UC Santa Cruz. [Downloadable!]
    Other versions:
  5. Carl E.Walsh, 2005. "Parameter misspecification and robust monetary policy rules," Working Paper Series 477, European Central Bank. [Downloadable!]
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This page was last updated on 2008-10-3.


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