Optimal monetary policy with imperfect common knowledge:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Frankfurt am Main
Europ. Central Bank
2003
|
| Schriftenreihe: | Working paper series / European Central Bank
223 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 37 S. graph. Darst. |
Internformat
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| 245 | 1 | 0 | |a Optimal monetary policy with imperfect common knowledge |c by Klaus Adam |
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| 650 | 4 | |a Ökonometrisches Modell | |
| 650 | 4 | |a Monetary policy |x Econometric models | |
| 650 | 4 | |a Monetary policy |x Mathematic models | |
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Datensatz im Suchindex
| _version_ | 1805068800065798144 |
|---|---|
| adam_text |
CONTENTS
ABSTRACT
4
NON-TECHNICAL
SUMMARY
5
I
INTRODUCTION
7
2
A
SIMPLE
LUCAS-TYPE
MODEL
9
2.
1
CENTRAL
BANK
OBJECTIVE
FUNCTION
11
2.2
TIME-LINE
12
3
OPTIMAL
POLICY
IN
TWO
BENCHMARK
SETTINGS
13
3.
1
BENCHMARK
I:
PERFECTLY
OBSERVABLE
SHOCKS
13
3.2
BENCHMARK
II:
UNOBSERVABLE
SHOCKS
14
4
IMPERFECT
COMMON
KNOWLEDGE
AND
INFORMATION
CHANNELS
14
4.
1
THE
REAL-VALUED
GAUSSIAN
CHANNEL
1
5
5
RATIONAL
EXPECTATIONS
EQUILIBRIUM
WITH
IMPERFECT
COMMON
KNOWLEDGE
1
7
5.
1
PRICE
SETTING
WITH
IMPERFECT
COMMON
KNOWLEDGE
1
8
5.2
REE
AND
OPTIMAL
INFORMATION
STRUCTURE
1
9
6
OPTIMAL
STABILIZATION
POLICY
20
6.
1
THE
BASELINE
CASE
20
6.2
UNCERTAINTY
ABOUT
THE
DEGREE
OF
INFORMATION
FRICTIONS
24
6.3
PERSISTENT
MARK-UP
SHOCKS
25
6.4
STRATEGIC
SUBSTITUTES
27
7
CONCLUSIONS
28
A
APPENDIX
28
REFERENCES
29
EUROPEAN
CENTRAL
BANK
WORKING
PAPER
SERIES
31 |
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| discipline | Wirtschaftswissenschaften |
| format | Book |
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| indexdate | 2024-07-20T03:55:51Z |
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| language | English |
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| physical | 37 S. graph. Darst. |
| publishDate | 2003 |
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| publisher | Europ. Central Bank |
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| series2 | Working paper series / European Central Bank |
| spelling | Adam, Klaus Verfasser aut Optimal monetary policy with imperfect common knowledge by Klaus Adam Frankfurt am Main Europ. Central Bank 2003 37 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Working paper series / European Central Bank 223 Ökonometrisches Modell Monetary policy Econometric models Monetary policy Mathematic models Unvollkommene Information (DE-588)4140474-9 gnd rswk-swf Schock Wirtschaft (DE-588)4322439-8 gnd rswk-swf Monopolistische Konkurrenz (DE-588)4040100-5 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf Geldpolitik (DE-588)4019902-2 s Monopolistische Konkurrenz (DE-588)4040100-5 s Unvollkommene Information (DE-588)4140474-9 s Schock Wirtschaft (DE-588)4322439-8 s DE-604 European Central Bank Working paper series 223 (DE-604)BV012681744 223 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010376806&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Adam, Klaus Optimal monetary policy with imperfect common knowledge Ökonometrisches Modell Monetary policy Econometric models Monetary policy Mathematic models Unvollkommene Information (DE-588)4140474-9 gnd Schock Wirtschaft (DE-588)4322439-8 gnd Monopolistische Konkurrenz (DE-588)4040100-5 gnd Geldpolitik (DE-588)4019902-2 gnd |
| subject_GND | (DE-588)4140474-9 (DE-588)4322439-8 (DE-588)4040100-5 (DE-588)4019902-2 |
| title | Optimal monetary policy with imperfect common knowledge |
| title_auth | Optimal monetary policy with imperfect common knowledge |
| title_exact_search | Optimal monetary policy with imperfect common knowledge |
| title_full | Optimal monetary policy with imperfect common knowledge by Klaus Adam |
| title_fullStr | Optimal monetary policy with imperfect common knowledge by Klaus Adam |
| title_full_unstemmed | Optimal monetary policy with imperfect common knowledge by Klaus Adam |
| title_short | Optimal monetary policy with imperfect common knowledge |
| title_sort | optimal monetary policy with imperfect common knowledge |
| topic | Ökonometrisches Modell Monetary policy Econometric models Monetary policy Mathematic models Unvollkommene Information (DE-588)4140474-9 gnd Schock Wirtschaft (DE-588)4322439-8 gnd Monopolistische Konkurrenz (DE-588)4040100-5 gnd Geldpolitik (DE-588)4019902-2 gnd |
| topic_facet | Ökonometrisches Modell Monetary policy Econometric models Monetary policy Mathematic models Unvollkommene Information Schock Wirtschaft Monopolistische Konkurrenz Geldpolitik |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010376806&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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