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Robustno optimalna monetarna politika sa skoro-racionalnim ocekivanjima


  • Michael Woodford

    () (Department of Economics, California University, USA)


U radu se razmatra optimalna politika monetarne stabilizacije unutar dalekovidog modela kada centralna banka uvida da ocekivanja privatnog sektora ne moraju biti nužno konzistentna modelu, i želi da izabere politiku zadovoljavajucu u slucaju bilo kog uverenja dovoljno bliskog konzistentnosti modela. Utvrdeno je da je obavezivanje i dalje bitno za optimalnu politiku, da optimalni dugorocni inflacioni target nije pod uticajem stepena potencijalnih distorzija verovanja, i da je optimalna politika cak više zavisna od istorijskog konteksta nego u slucaju pretpostavljenih racionalnih ocekivanja.

Suggested Citation

  • Michael Woodford, 2011. "Robustno optimalna monetarna politika sa skoro-racionalnim ocekivanjima," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(2), pages 157-193, June.
  • Handle: RePEc:voj:journl:v:58:y:2011:i:2:p:157-193

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    Optimalna monetarna politika; Obavezivanje; Istorijski-zavisna politika;

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy


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