Uncertain Potential Output: Implications for Monetary Policy.

This paper uses a small, calibrated forward-looking model of the euro-area economy to investigate the implications of incomplete information about potential output for the conduct and the design of monetary policy.

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Year of publication:	2001
Authors:	Ehrmann, M. ; Smets, F.
Institutions:	Quebec a Montreal - Recherche en gestion
Subject:	MONETARY POLICY \| RISK

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Series:	Quebec a Montreal - Recherche en gestion.
Type of publication:	Book / Working Paper
Notes:	56 pages
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E31 - Price Level; Inflation; Deflation ; E17 - Forecasting and Simulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005779726