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Instrument-Based versus Target-Based Rules - MaRDI portal

Instrument-Based versus Target-Based Rules

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Publication:5064524

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DOI10.1093/RESTUD/RDAB027zbMath1484.91298OpenAlexW4251881496MaRDI QIDQ5064524

Pierre Yared, Marina Halac

Publication date: 16 March 2022

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdab027

zbMATH Keywords

monetary policy delegation mechanism design private information policy rules policy objectives

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Mechanism design theory (91B03)

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