Unconditionally optimal Ramsey policy
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DOI: 10.1016/j.jmacro.2021.103346
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- Tatiana Damjanovic & Vladislav Damjanovic & Charles Nolan, 2017. "Unconditionally Optimal Ramsey policy," CEMAP Working Papers 2017_01, Durham University Business School.
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More about this item
Keywords
Time inconsistency; Forward guidance; Unconditional optimisation; Ramsey optimal policy;All these keywords.
JEL classification:
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
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