Robust expectations and uncertain models – A robust control approach with application to the New Keynesian economy
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- Kilponen, Juha, 2004. "Robust expectations and uncertain models: a robust contol approach with application to the new Keynesian economy," Bank of Finland Research Discussion Papers 5/2004, Bank of Finland.
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Citations
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Cited by:
- Michael Paetz, 2007. "Robust Control and Persistence in the New Keynesian Economy," Quantitative Macroeconomics Working Papers 20711, Hamburg University, Department of Economics.
- Kilponen, Juha & Leitemo, Kai, 2006. "Robustness in monetary policymaking: a case for the Friedman rule," Bank of Finland Research Discussion Papers 4/2006, Bank of Finland.
- Michael Funke & Michael Paetz, 2011.
"Environmental policy under model uncertainty: a robust optimal control approach,"
Climatic Change, Springer, vol. 107(3), pages 225-239, August.
- Michael Funke & Michael Paetz, 2007. "Environmental Policy Under Model Uncertainty: A Robust Optimal Control Approach," CESifo Working Paper Series 1938, CESifo.
- Michael Funke & Michael Paetz, 2007. "Environmental Policy Under Model Uncertainty: A Robust Optimal Control Approach," Quantitative Macroeconomics Working Papers 20703, Hamburg University, Department of Economics.
- Michael Funke & Michael Paetz, 2011. "Environmental policy under model uncertainty: a robust optimal control approach," Quantitative Macroeconomics Working Papers 21108, Hamburg University, Department of Economics.
- Stefano Neri & Tiziano Ropele, 2012.
"Imperfect Information, Real‐Time Data and Monetary Policy in the Euro Area,"
Economic Journal, Royal Economic Society, vol. 122(561), pages 651-674, June.
- Stefano Neri & Tiziano Ropele, 2011. "Imperfect information, real-time data and monetary policy in the euro area," Temi di discussione (Economic working papers) 802, Bank of Italy, Economic Research and International Relations Area.
- Juha Kilponen & Kai Leitemo, 2008.
"Model Uncertainty and Delegation: A Case for Friedman's "k"-Percent Money Growth Rule?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(2-3), pages 547-556, March.
- Juha Kilponen & Kai Leitemo, 2008. "Model Uncertainty and Delegation: A Case for Friedman's k‐Percent Money Growth Rule?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(2‐3), pages 547-556, March.
- Kilponen, Juha & Leitemo, Kai, 2006. "Robustness in monetary policymaking : a case for the Friedman rule," Research Discussion Papers 4/2006, Bank of Finland.
- repec:zbw:bofrdp:2006_004 is not listed on IDEAS
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More about this item
Keywords
expectations; robust control; model uncertainty; monetary policy; imperfect information;All these keywords.
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
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