Stabilization and expanded commitment: a theory of forward guidance for economies with rational expectations
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More about this item
KeywordsManaging Expectations; Stabilizability; Dynamic Controllability; Time Consistency; Two point boundary solutions;
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2014-09-29 (All new papers)
- NEP-GER-2014-09-29 (German Papers)
- NEP-MAC-2014-09-29 (Macroeconomics)
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