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Optimal inflation target under uncertainty

  • Uchida, Hirofumi
  • Fujiki, Hiroshi

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File URL: http://www.sciencedirect.com/science/article/pii/S0922-1425(04)00035-0
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Article provided by Elsevier in its journal Japan and the World Economy.

Volume (Year): 17 (2005)
Issue (Month): 4 (December)
Pages: 470-479

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Handle: RePEc:eee:japwor:v:17:y:2005:i:4:p:470-479
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505557

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  1. Robert J. Barro & David B. Gordon, 1983. "Rules, Discretion and Reputation in a Model of Monetary Policy," NBER Working Papers 1079, National Bureau of Economic Research, Inc.
  2. Lars E.O. Svensson, 1995. "Optimal Inflation Targets, `Conservative' Central Banks, and Linear Inflation Contracts," NBER Working Papers 5251, National Bureau of Economic Research, Inc.
  3. Bennett T. McCallum, 1995. "Two Fallacies Concerning Central Bank Independence," NBER Working Papers 5075, National Bureau of Economic Research, Inc.
  4. Kenneth Rogoff, 1985. "The Optimal Degree of Commitment to an Intermediate Monetary Target," The Quarterly Journal of Economics, Oxford University Press, vol. 100(4), pages 1169-1189.
  5. Beetsma, Roel M W J & Bovenberg, Lans, 2001. " When Does an Inflation Target Yield the Second Best?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 103(1), pages 119-26, March.
  6. Walsh, Carl E, 1995. "Optimal Contracts for Central Bankers," American Economic Review, American Economic Association, vol. 85(1), pages 150-67, March.
  7. Bovenberg, A.L. & Beetsma, R.M.W.J., 1997. "Central Bank independence and public debt policy," Other publications TiSEM d1fc1375-507c-445b-9b38-d, Tilburg University, School of Economics and Management.
  8. repec:fth:tilbur:99108 is not listed on IDEAS
  9. Beetsma, Roel M. W. J. & Lans Bovenberg, A., 1997. "Designing fiscal and monetary institutions in a second-best world," European Journal of Political Economy, Elsevier, vol. 13(1), pages 53-79, February.
  10. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-91, June.
  11. Beetsma, R.M.W.J. & Bovenberg, A.L., 1999. "Inflation Targets and Debt Accumulation in a Monetary Union," Discussion Paper 1999-108, Tilburg University, Center for Economic Research.
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