Edge, Rochelle M.; Laubach, Thomas; Williams, John C. - 2007
, Washington, D.C.
Welfare-Maximizing Monetary Policy under Parameter
Uncertainty
Rochelle M. Edge, Thomas Laubach, and John C … the tentative character of these papers.
Welfare-Maximizing Monetary Policy
Under Parameter Uncertainty
Rochelle M. Edge …, Thomas Laubach, and John C. Williams ∗
April 12, 2007
Abstract
This paper examines welfare-maximizing monetary policy in an …