Supply shocks, private sector information and monetary policy: is there inevitably a stabilization trade-off?

DOI10.1016/J.ECONLET.2006.12.013zbMath1255.91282OpenAlexW2054744124MaRDI QIDQ1934098

Jonathan G. James, Phillip Lawler

Publication date: 28 January 2013

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

Full work available at URL: https://doi.org/10.1016/j.econlet.2006.12.013

zbMATH Keywords

supply shocksprivate expectationsstabilization trade-off

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Cites Work

• Might a conservative central banker reduce employment variability?

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