Woodford, Michael - Center for Financial Studies - 2007
No. 2007/12
Robustly Optimal Monetary Policy
with Near-Rational Expectations
Michael Woodford … field of money, banking and finance. This paper was presented at the
International Research Forum on Monetary Policy 2006 …: E52, E58, E42
Keywords: Optimal Monetary Policy, Commitment, History-Dependent Policy
An extensive …