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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/B6VF1-4CXDRYF-1/2/85fd1e88c65591331f85d4f68bd52fe5
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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. Beetsma, Roel & Bovenberg, A Lans, 1999. "Inflation Targets and Debt Accumulation in a Monetary Union," CEPR Discussion Papers 2324, C.E.P.R. Discussion Papers.
  2. 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.
  3. Rogoff, Kenneth, 1985. "The Optimal Degree of Commitment to an Intermediate Monetary Target," The Quarterly Journal of Economics, MIT Press, vol. 100(4), pages 1169-89, November.
  4. McCallum, Bennett T, 1995. "Two Fallacies Concerning Central-Bank Independence," American Economic Review, American Economic Association, vol. 85(2), pages 207-11, May.
  5. Beetsma, Roel M. W. J. & Bovenberg, A. Lans, 1997. "Central bank independence and public debt policy," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 873-894, May.
  6. Svensson, L.E.O., 1995. "Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts," Papers 595, Stockholm - International Economic Studies.
  7. Beetsma, R.M.W.J. & Bovenberg, A.L., 1997. "Designing fiscal and monetary institutions in a second best world," Other publications TiSEM 9cf95e79-e382-4268-8e4d-c, Tilburg University, School of Economics and Management.
  8. 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.
  9. repec:fth:tilbur:99108 is not listed on IDEAS
  10. 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.
  11. 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.
  12. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121.
  13. Walsh, Carl E, 1995. "Optimal Contracts for Central Bankers," American Economic Review, American Economic Association, vol. 85(1), pages 150-67, March.
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