Transmission lags and optimal monetary policy

DOI10.1016/J.JEDC.2010.12.011zbMath1209.91115OpenAlexW2073311164MaRDI QIDQ631253

Kai Leitemo, Juha Kilponen

Publication date: 22 March 2011

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2010.12.011

zbMATH Keywords

monetary policyinflation targetingdiscretion and stabilization biasmoney targetingtransmission lags

Mathematics Subject Classification ID

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

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Inflation-targeting rules: history-dependent or forward-looking?

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