Add to ORKGThis paper contributes to the recent literature that studies the quantitative implications of the imperfect information about potential output for the conduct of monetary policy. By means of Bayesian techniques, a small New Keynesian model is estimated taking explicitly account of the imperfect information problem. The estimation of the structural parameters and of the monetary authorities.objectives is key in assessing the quantitative relevance of the imperfect information problem and in evaluating the robustness of previous exercises based on calibration. Finally, the model allows us to analyse the usefulness of unit labor costs as monetary policy indicator.
This paper studies the implications of certain kinds of uncertainty for monetary policy. It first de...
In this paper we assess the relevant sources of model uncertainty for the optimal conduct of monetar...
Accounting for the uncertainty inherent in real-time perceptions of the state of the economy is beli...
This paper contributes to the recent literature that studies the quantitative implications of the im...
This paper contributes to the recent literature that studies the quantitative implications of the im...
Questa tesi contribuisce alla recente letteratura che studia le conseguenze quantitative dell'inform...
A small scale new keynesian model for the euro area is estimated with maximum likelihood under the a...
This paper surveys the implications of uncertainty for the design of monetary policy. Among the topi...
We study the design of monetary policy in an estimated model with sticky prices, search and matching...
We study the design of monetary policy in an estimated model with sticky prices, search and matching...
This paper demonstrates that money can play an important role as an information variable and may res...
This paper undertakes a Bayesian analysis of optimal monetary policy for the United Kingdom. We esti...
This paper explores the role that the imperfect knowledge of the structure of the economy plays in t...
In this paper, we structurally model uncertainty with a micro-founded model, and investigate its imp...
In this study, we perform a quantitative assessment of the role of money as an indicator variable fo...
This paper studies the implications of certain kinds of uncertainty for monetary policy. It first de...
In this paper we assess the relevant sources of model uncertainty for the optimal conduct of monetar...
Accounting for the uncertainty inherent in real-time perceptions of the state of the economy is beli...
This paper contributes to the recent literature that studies the quantitative implications of the im...
This paper contributes to the recent literature that studies the quantitative implications of the im...
Questa tesi contribuisce alla recente letteratura che studia le conseguenze quantitative dell'inform...
A small scale new keynesian model for the euro area is estimated with maximum likelihood under the a...
This paper surveys the implications of uncertainty for the design of monetary policy. Among the topi...
We study the design of monetary policy in an estimated model with sticky prices, search and matching...
We study the design of monetary policy in an estimated model with sticky prices, search and matching...
This paper demonstrates that money can play an important role as an information variable and may res...
This paper undertakes a Bayesian analysis of optimal monetary policy for the United Kingdom. We esti...
This paper explores the role that the imperfect knowledge of the structure of the economy plays in t...
In this paper, we structurally model uncertainty with a micro-founded model, and investigate its imp...
In this study, we perform a quantitative assessment of the role of money as an indicator variable fo...
This paper studies the implications of certain kinds of uncertainty for monetary policy. It first de...
In this paper we assess the relevant sources of model uncertainty for the optimal conduct of monetar...
Accounting for the uncertainty inherent in real-time perceptions of the state of the economy is beli...