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Learnability and transparency with time inconsistent monetary policy

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  • Cone, Thomas E.

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  • Cone, Thomas E., 2005. "Learnability and transparency with time inconsistent monetary policy," Economics Letters, Elsevier, vol. 87(2), pages 187-191, May.
  • Handle: RePEc:eee:ecolet:v:87:y:2005:i:2:p:187-191
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    References listed on IDEAS

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    1. David H. Romer & Christina D. Romer, 2000. "Federal Reserve Information and the Behavior of Interest Rates," American Economic Review, American Economic Association, vol. 90(3), pages 429-457, June.
    2. Canzoneri, Matthew B, 1985. "Monetary Policy Games and the Role of Private Information," American Economic Review, American Economic Association, vol. 75(5), pages 1056-1070, December.
    3. Barro, Robert J & Gordon, David B, 1983. "A Positive Theory of Monetary Policy in a Natural Rate Model," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 589-610, August.
    4. George W. Evans & Seppo Honkapohja, 2003. "Expectations and the Stability Problem for Optimal Monetary Policies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(4), pages 807-824.
    5. In-Koo Cho & Noah Williams & Thomas J. Sargent, 2002. "Escaping Nash Inflation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 69(1), pages 1-40.
    6. William Poole & Robert H. Rasche, 2002. "Flation," Review, Federal Reserve Bank of St. Louis, vol. 84(Nov), pages 1-6.
      • William Poole, 2002. "Flation," Speech 49, Federal Reserve Bank of St. Louis.
    7. Cripps, Martin, 1988. "Learning Rational Expectations In A Policy Game," The Warwick Economics Research Paper Series (TWERPS) 297, University of Warwick, Department of Economics.
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    Cited by:

    1. Eijffinger, Sylvester & van der Cruijsen, Carin, 2007. "The Economic Impact of Central Bank Transparency: A Survey," CEPR Discussion Papers 6070, C.E.P.R. Discussion Papers.
    2. van der Cruijsen, C.A.B., 2008. "The economic impact of central bank transparency," Other publications TiSEM 86c1ba91-1952-45b4-adac-8, Tilburg University, School of Economics and Management.

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