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Loss functions and public policy

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  • Horowitz, Ann R.

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  • Horowitz, Ann R., 1987. "Loss functions and public policy," Journal of Macroeconomics, Elsevier, vol. 9(4), pages 489-504.
  • Handle: RePEc:eee:jmacro:v:9:y:1987:i:4:p:489-504
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    Cited by:

    1. Thomas Mayer, 2003. "The macroeconomic Loss Function: a Critical Note," Applied Economics Letters, Taylor & Francis Journals, vol. 10(6), pages 347-349.
    2. CHADHA, Jagjit & SCHELLEKENS, Philip, "undated". "Monetary policy loss functions: two cheers for the quadratic," Working Papers 1999002, University of Antwerp, Faculty of Business and Economics.
    3. al-Nowaihi, Ali & Stracca, Livio, 2002. "Non-standard central bank loss functions, skewed risks, and certainty equivalence," Working Paper Series 0129, European Central Bank.
    4. David D. VanHoose, 2004. "The New Open Economy Macroeconomics: A Critical Appraisal," Open Economies Review, Springer, vol. 15(2), pages 193-215, April.
    5. Joseph Daniels & David VanHoose, 1998. "Two-Country Models of Monetary and Fiscal Policy: What Have We Learned? What More Can We Learn?," Open Economies Review, Springer, vol. 9(3), pages 265-284, July.
    6. Titiana Kirsanova & David Vines & Mathan Satchi & Simon Wren-Lewis, 2005. "Inflation Persistence, Fiscal Constraints and Non-cooperative Authorities Stabilization Policy in a Monetary Union," Money Macro and Finance (MMF) Research Group Conference 2005 17, Money Macro and Finance Research Group.
    7. A. O. Baranov, 2020. "On the Need to Achieve a Compromise between Economic Policy Goals in the Light of Overcoming Stagnation in Russia," Studies on Russian Economic Development, Springer, vol. 31(5), pages 475-484, September.
    8. Thomas Mayer, 2003. "The macroeconomic Loss Function: a Critical Note," Applied Economics Letters, Taylor & Francis Journals, vol. 10(6), pages 347-349.
    9. Frey, Rainer, 2009. "The design of an asymmetric currency union with shock persistence and spillovers: Short-term versus medium-term," European Journal of Political Economy, Elsevier, vol. 25(1), pages 85-97, March.

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