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- W2893245103 abstract "Abstract This paper studies how asset price model misspecification affects the conduct of monetary policy under commitment in a New Keynesian model using robust control techniques. We find that monetary policy reacts aggressively to both asset price and inflation shocks to guard herself against worst-case outcome." @default.
- W2893245103 created "2018-10-05" @default.
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- W2893245103 date "2018-12-01" @default.
- W2893245103 modified "2023-10-17" @default.
- W2893245103 title "Financial stability under model uncertainty" @default.
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- W2893245103 doi "https://doi.org/10.1016/j.econlet.2018.09.019" @default.
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