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Jahrestagung des Vereins für Socialpolitik 2010 (Kiel): Ökonomie der Familie >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/37341
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Wohltmann, Hans-Werner | | en_US |
| dc.contributor.author | | Winkler, Roland C. | | en_US |
| dc.date.accessioned | | 2010-08-11T09:09:28Z | | - |
| dc.date.available | | 2010-08-11T09:09:28Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/37341 | | - |
| dc.description.abstract | | This paper evaluates the performance of optimal simple policy rules in the presence of news shocks. It is shown that the inclusion of forward-looking elements enhances the performance of simple optimized interest rate rules when agents learn about future disturbances in advance. We provide a rationale for this result by demonstrating that, if shocks are news shocks, the optimal unrestricted control rule under commitment contains as a basic principle a forward-looking element. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Verein für Socialpolitik Frankfurt a. M. | | en_US |
| dc.relation.ispartofseries | | Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Advances of New Keynesian Macroeconomics G2-V3 | | en_US |
| dc.subject.jel | | E32 | | en_US |
| dc.subject.jel | | E52 | | en_US |
| dc.subject.jel | | E58 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | News Shocks | | en_US |
| dc.subject.keyword | | Optimal Simple Rules | | en_US |
| dc.subject.keyword | | Optimal Monetary Policy | | en_US |
| dc.title | | News Shocks and Optimal Simple Rules | | en_US |
| dc.type | | Conference Paper | | en_US |
| dc.identifier.ppn | | 654888914 | | - |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Jahrestagung des Vereins für Socialpolitik 2010 (Kiel): Ökonomie der Familie
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