Optimal Monetary Policy in a DSGE Model with Attenuated Forward Guidance Effects
| Year of publication: |
2020
|
|---|---|
| Authors: | Chung, Hess |
| Other Persons: | Nakata, Taisuke (contributor) ; Paustian, Matthias O. (contributor) |
| Publisher: |
[2020]: [S.l.] : SSRN |
| Subject: | Geldpolitik | Monetary policy | Dynamisches Gleichgewicht | Dynamic equilibrium | Neoklassische Synthese | Neoclassical synthesis | Theorie | Theory | DSGE-Modell | DSGE model | Wirkungsanalyse | Impact assessment | Zinspolitik | Interest rate policy |
| Description of contents: |
In this article, we explore the implications of attenuating the power of forward guidance for the optimal conduct of forward guidance policy in a quantitative DSGE model of the U.S. economy
Abstract [papers.ssrn.com]
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