Uncertainty and the inflation bias of monetary policy

DOI10.1016/S0165-1765(97)00223-1zbMath0896.90038OpenAlexW2079422362WikidataQ127680234 ScholiaQ127680234MaRDI QIDQ1389428

Douglas K. Pearce, Motoshi Sobue

Publication date: 30 June 1998

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(97)00223-1

zbMATH Keywords

uncertaintymonetary policydynamic inconsistency

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (4)

Monetary uncertainty, strategic wage setting and equilibrium employment ⋮ Multiplicative uncertainty in a model without inflationary bias ⋮ Discretionary monetary policy with costly inflation ⋮ Real supply shocks and the money growth-inflation relationship

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