Edge, Rochelle M. (contributor); Laubach, Thomas (contributor) - 2008
Board of Governors of the Federal Reserve System.
Welfare-Maximizing Monetary Policy
under Parameter Uncertainty …://www.frbsf.org/publications/economics/papers/2007/wp07-11bk.pdf
Welfare-Maximizing Monetary Policy
under Parameter Uncertainty … very close to the first-best.
JEL Code: E5
Keywords: technology shocks, monetary policy rules, natural rate of output …