Search Results - subject:"Timeless perspective policy"

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How much better is commitment policy than discretionary policy? : evidence from six developed economies

Scott, C. Patrick - In: The B.E. journal of macroeconomics 20 (2020) 2, pp. 1-28

Persistent link: https://www.econbiz.de/10012306531

Asymmetric preferences and monetary policy deviations

Scott, C. Patrick - In: Journal of macroeconomics 50 (2016), pp. 325-334

Persistent link: https://www.econbiz.de/10011707898

Inflation Bias with Dynamic Phillips Curves and Impatient Policy Makers

Kirsanova, Tatiana; Vines, David; Wren-Lewis, Simon - Business School, University of Exeter - 2008

, we show that the timeless perspective policy has the same steady state as the commitment case, but without any short …

Persistent link: https://www.econbiz.de/10008852514

When is discretion superior to timeless perspective policymaking?

Dennis, Richard - In: Journal of Monetary Economics 57 (2010) 3, pp. 266-277

The monetary policy literature assumes increasingly that policy is formulated according to the timeless perspective (Woodford, 1999a). However, by treating appropriately the auxiliary state variables that characterize the timeless perspective equilibrium when evaluating policy performance, this...

Persistent link: https://www.econbiz.de/10008522734

Inflation Bias with Dynamic Phillips Curves and Impatient Policy Makers

Kirsanova, Tatiana; Vines, David; Wren-Lewis, Simon - In: Topics in Macroeconomics 9 (2009) 1, pp. 1731-1731

, we show that the timeless perspective policy has the same steady state as the commitment case, but without any short …

Persistent link: https://www.econbiz.de/10005046456

Inflation Bias with Dynamic Phillips Curves

Kirsanova, Tatiana; Vines, David; Wren-Lewis, Simon - C.E.P.R. Discussion Papers - 2006

, we show that the timeless perspective policy has the same steady state as the commitment case, but without any short …

Persistent link: https://www.econbiz.de/10005789164