How Transparent About Its Inflation Target Should a Central Bank be? An Agent-Based Model Assessment
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- Krug, Sebastian, 2015.
"The interaction between monetary and macroprudential policy: Should central banks "lean against the wind" to foster macrofinancial stability?,"
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2015-08, Christian-Albrechts-University of Kiel, Department of Economics.
- Krug, Sebastian, 2017. "The interaction between monetary and macroprudential policy: Should central banks "lean against the wind" to foster macro-financial stability?," Economics Discussion Papers 2017-85, Kiel Institute for the World Economy (IfW).
- Salle, Isabelle L., 2015. "Modeling expectations in agent-based models — An application to central bank's communication and monetary policy," Economic Modelling, Elsevier, vol. 46(C), pages 130-141.
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More about this item
Keywords
Monetary Policy; Inflation Targeting; Credibility; Expectations; Agent-Based Model.;JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2013-10-18 (All new papers)
- NEP-CBA-2013-10-18 (Central Banking)
- NEP-CMP-2013-10-18 (Computational Economics)
- NEP-MAC-2013-10-18 (Macroeconomics)
- NEP-MON-2013-10-18 (Monetary Economics)
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