Matches in SemOpenAlex for { <https://semopenalex.org/work/W2000831119> ?p ?o ?g. }
Showing items 1 to 74 of
74
with 100 items per page.
- W2000831119 endingPage "74" @default.
- W2000831119 startingPage "58" @default.
- W2000831119 abstract "We study a monetary economy subject to “signal extraction” problems, and investigate within that framework the positive and normative aspects of monetary policy. As in Lucas (1972, Journal of Economic Theory,4, 103–124; 1973, American Economic Review, 63, 326–334), imperfect signal perception generates macroeconomic correlations similar to those found in the “Phillips curve” literature. Moving to normative aspects, we find that, when aggregate shocks are present, traditional nonactivist policies do not permit reaching the first best, and that an intelligent activist policy always leads to better outcomes. The specific characteristics and effectiveness of this optimal policy also depend crucially on the problem of signal extraction. Journal of Economic Literature Classification Number: E5." @default.
- W2000831119 created "2016-06-24" @default.
- W2000831119 creator A5081140455 @default.
- W2000831119 date "2001-01-01" @default.
- W2000831119 modified "2023-09-27" @default.
- W2000831119 title "The Phillips Curve and Optimal Policy in a Structural Signal Extraction Model" @default.
- W2000831119 cites W1603173407 @default.
- W2000831119 cites W1967335941 @default.
- W2000831119 cites W1995652605 @default.
- W2000831119 cites W2003180600 @default.
- W2000831119 cites W2087096517 @default.
- W2000831119 cites W2090766058 @default.
- W2000831119 cites W2125534266 @default.
- W2000831119 cites W2236815508 @default.
- W2000831119 cites W2324972878 @default.
- W2000831119 cites W2064106796 @default.
- W2000831119 doi "https://doi.org/10.1006/redy.2000.0103" @default.
- W2000831119 hasPublicationYear "2001" @default.
- W2000831119 type Work @default.
- W2000831119 sameAs 2000831119 @default.
- W2000831119 citedByCount "1" @default.
- W2000831119 crossrefType "journal-article" @default.
- W2000831119 hasAuthorship W2000831119A5081140455 @default.
- W2000831119 hasConcept C116834253 @default.
- W2000831119 hasConcept C118084267 @default.
- W2000831119 hasConcept C126285488 @default.
- W2000831119 hasConcept C138885662 @default.
- W2000831119 hasConcept C139719470 @default.
- W2000831119 hasConcept C149782125 @default.
- W2000831119 hasConcept C162324750 @default.
- W2000831119 hasConcept C17744445 @default.
- W2000831119 hasConcept C199539241 @default.
- W2000831119 hasConcept C2778774626 @default.
- W2000831119 hasConcept C2780310539 @default.
- W2000831119 hasConcept C41895202 @default.
- W2000831119 hasConcept C44725695 @default.
- W2000831119 hasConcept C59822182 @default.
- W2000831119 hasConcept C86803240 @default.
- W2000831119 hasConceptScore W2000831119C116834253 @default.
- W2000831119 hasConceptScore W2000831119C118084267 @default.
- W2000831119 hasConceptScore W2000831119C126285488 @default.
- W2000831119 hasConceptScore W2000831119C138885662 @default.
- W2000831119 hasConceptScore W2000831119C139719470 @default.
- W2000831119 hasConceptScore W2000831119C149782125 @default.
- W2000831119 hasConceptScore W2000831119C162324750 @default.
- W2000831119 hasConceptScore W2000831119C17744445 @default.
- W2000831119 hasConceptScore W2000831119C199539241 @default.
- W2000831119 hasConceptScore W2000831119C2778774626 @default.
- W2000831119 hasConceptScore W2000831119C2780310539 @default.
- W2000831119 hasConceptScore W2000831119C41895202 @default.
- W2000831119 hasConceptScore W2000831119C44725695 @default.
- W2000831119 hasConceptScore W2000831119C59822182 @default.
- W2000831119 hasConceptScore W2000831119C86803240 @default.
- W2000831119 hasIssue "1" @default.
- W2000831119 hasLocation W20008311191 @default.
- W2000831119 hasOpenAccess W2000831119 @default.
- W2000831119 hasPrimaryLocation W20008311191 @default.
- W2000831119 hasRelatedWork W1540182719 @default.
- W2000831119 hasRelatedWork W1573672219 @default.
- W2000831119 hasRelatedWork W2137006082 @default.
- W2000831119 hasRelatedWork W2236874450 @default.
- W2000831119 hasRelatedWork W2246262534 @default.
- W2000831119 hasRelatedWork W2338136609 @default.
- W2000831119 hasRelatedWork W2596941594 @default.
- W2000831119 hasRelatedWork W3124729800 @default.
- W2000831119 hasRelatedWork W3125410365 @default.
- W2000831119 hasRelatedWork W3144770074 @default.
- W2000831119 hasVolume "4" @default.
- W2000831119 isParatext "false" @default.
- W2000831119 isRetracted "false" @default.
- W2000831119 magId "2000831119" @default.
- W2000831119 workType "article" @default.