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- W1993636555 abstract "Abstract Central banks face uncertainty about potential output. We model optimal monetary policy under discretion in a situation in which the central bank adopts a min–max approach to policy. The case for appointing a conservative central banker who puts a larger weight on inflation stabilization becomes stronger as the central bank’s concern about misspecifications increases." @default.
- W1993636555 created "2016-06-24" @default.
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- W1993636555 date "2014-05-01" @default.
- W1993636555 modified "2023-09-23" @default.
- W1993636555 title "Robust monetary policy, optimal delegation and misspecified potential output" @default.
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- W1993636555 doi "https://doi.org/10.1016/j.econlet.2014.02.021" @default.
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