Inflation and output volatility under asymmetric incomplete information.
The assumption of asymmetric and incomplete information in a standard New Keynesian model creates strong incentives for monetary policy transparency. We assume that the central bank has better information about its objectives than the private sector, and that the private sector has better informatio...
| Main Authors: | , |
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| Formato: | Journal article |
| Idioma: | English |
| Publicado: |
Elsevier
2011
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Search Result 1
Inflation and output volatility under asymmetric incomplete information
Publicado 2011
Journal article
Search Result 2
Inflation and output volatility under asymmetric incomplete information.
Publicado 2009
Working paper