Differential Information and the Role for Active Stabilization Policy
A Comment
Dados Bibliográficos
| ID | 9727242 |
|---|---|
| Autores | Dennis W Jansen, Jae-Woo Lee (0000-0002-3109-798X), Jae Wook Lee (0000-0002-8756-0195) |
| Ano | 1991 |
| Volume | 58 |
| Fascículo | 232 |
| Páginas | 531 |
| Data de publicação | 1991-11-01 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | Economica (JOURNAL) |
| Identificadores do periódico | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Editora | JSTOR (PUBLISHER) |
| DOI | 10.2307/2554697 |
| OpenAlex | W1562693921 |
| Idioma | EN |
| Referências citadas | 2 |
In a recent paper, T. M. Anderson analyzes a New Classical model in which demanders and suppliers are differentially informed. He claims that a particular feedback monetary policy, but not a private indexation rule, is able to perfectly stablize the economy. The authors show that Anderson's private indexation rule is also able to perfectly stabilize the economy. Copyright 1991 by The London School of Economics and Political Science
Differential (mechanical device) · Economics · Indexation · Macroeconomics · Microeconomics · Monetary policy · Political science · Politics · Private information retrieval · Economic theories and models · Economic Theory and Policy · Law · Monetary Policy and Economic Impact
| Velocidade de citação | historical |
|---|---|
| Altamente citado | Não |