Discretion vs. timeless perspective under model-consistent stabilization objectives

Ivan Petrella; Raffaele Rossi; Emiliano Santoro

Year of publication:	2014
Authors:	Petrella, Ivan ; Rossi, Raffaele ; Santoro, Emiliano
Published in:	Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 122.2014, 1, p. 84-88
Subject:	Monetary policy \| Discretion \| Timeless perspective \| Loss of social welfare \| Geldpolitik \| Regelbindung versus Diskretion \| Rules versus discretion \| Theorie \| Theory \| Wohlfahrtsanalyse \| Welfare analysis \| Neoklassische Synthese \| Neoclassical synthesis

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