(2002). By solving the robust control problem analytically, this paper elucidates the economic mechanisms at play in a …

parameterizations of a given policy rule, we use structured singular value analysis (from robust control theory) to find the largest …

conservative central banker to the robust control framework. In this framework, uncertainty means that policymakers are unsure …

This paper discusses the problem of monetary policy transparency in a simple static robust control framework. In this …

parameterizations of a given policy rule, we use structured singular value analysis (from robust control theory) to find the largest …

Preferences inspired by robust control and first used in macroeconomics by Hansen and Sargent (see [11]), as well as the classic …

conservative central banker to the robust control framework. In this framework, uncertainty means that policymakers are unsure …

parameterizations of a given policy rule, we use structured singular value analysis (from robust control theory) to find the largest …

Robust control allows policymakers to formulate policies that guard against model misspecification. The principal tools … used to solve robust control problems are state-space methods (see Hansen and Sargent 2006 and Giordani and Soderlind 2004 … expectations can also be applied to robust control problems, with the advantage that they bypass the task, often onerous, of having …