Open AccessThe Optimal Degree of Discretion in Monetary Policy
Author(s) -
Susan Athey,
Andrew Atkeson,
Patrick J. Kehoe
Publication year - 2004
Publication title -
international finance discussion papers
Language(s) - English
Resource type - Journals
eISSN - 2767-4509
pISSN - 1073-2500
DOI - 10.17016/ifdp.2004.801
Subject(s) - discretion , temptation , monetary policy , economics , dynamic inconsistency , inflation (cosmology) , private information retrieval , social welfare function , guard (computer science) , state (computer science) , welfare , monetary economics , microeconomics , market economy , political science , law , psychology , social psychology , programming language , statistics , physics , mathematics , algorithm , theoretical physics , computer science