Super-inertial interest rate rules are not solutions of Ramsey optimal policy
Year of publication: |
2023
|
---|---|
Authors: | Chatelain, Jean-Bernard ; Ralf, Kirsten |
Published in: |
Revue d'économie politique. - Paris : Dalloz, ISSN 0373-2630, ZDB-ID 241473-9. - Vol. 133.2023, 1, p. 119-146
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Subject: | new-Keynesian model | Ramsey optimal policy | interest-rate smoothing | super-inertial rule | stability | Theorie | Theory | Regelbindung versus Diskretion | Rules versus discretion | Geldpolitik | Monetary policy | Zinspolitik | Interest rate policy | Taylor-Regel | Taylor rule | Zins | Interest rate | Optimale Besteuerung | Optimal taxation |
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