网络货币政策时间不一致性 网络释义 1. 货币政策时间不一致性 货币政策时间不一致性(Time Inconsistency of Monetary Policy)又称为货币政策动态不一致性 [编辑] 时间不一致性概念及其基本 … wiki.mbalib.com|基于7个网页 例句
Time Inconsistency of Monetary Policy. Empirical Evi- dence from Polls. Public Choice 125, 1-15.Berlemann, M.. Time Inconsistency of Monetary Policy: Empirical Evidence from Polls[J]. Public Choice, 2005, 125 (1/2): 1-15.Berlemann, M. (2005). Time inconsistency of monetary policy: ...
Time inconsistencymultilateralismstumbling blocscommitmentIn this paper we address the issue of multilateralism versus bilateralism in a situation where a home government's optimal policy is time-inconsistent and the time-consistent policy sub-optimal. Short-run production and wage rigidities create ...
Due to the non-separability of the variance operator in sense of dynamic programming,the optimal investment policy of the multi-period mean-variance model in stochastic markets doesn't satisfy the time consistency corresponding to Bellman's optimality principle.To overcome this shortcoming,we first pro...
This paper is an introduction to the discussion about the time inconsistency of optimal policy, which arises in many dynamic problems if rational expectations are assumed. The structure of this paper is as follows: First I introduce the general problem of time inconsistency mainly based on the arg...
1. 时间不一致性 (3)时间不一致性(time-inconsistency)偏好;(4) 偏好的时间依赖和“习惯性”(habits);(5) 面临风险时的损失规避 … www.liankao.net|基于5个网页 2. 时间非一致性 ...了通货紧缩,但是凡事有一弊必有一利,由于货币政策的时间非一致性(time-inconsistency),也许正是当初的紧缩使得后来较长...
Christiano (2003): "How Severe is the Time-Inconsistency Problem in Monetary Policy?" Federal Reserve Bank of Minneapolis Quarterly Review, 27, 17-33.Albanesi, Stefania, V. V. Chari, and Lawrence J. Christiano, "How Severe Is the Time-Inconsistency Problem in Monetary Policy?" NBER Working ...
Define the term time-inconsistency and describe how it can explain the credibility problem of monetary policy. Monetary Policy It refers to the policy that the central banks used to handle the supply of money in the economy. Using this policy, the central ...
摘要: A prominent solution to the time-inconsistency problem inherent to monetary policymaking consists of delegating monetary policy to an independent central bank by an appropriately designed inflation contract or target. This paper shows that delegation is a solution to this problem...
Time Consistency of Monetary and Fiscal Policy A (possibly time-and state-contingent) strategy is said to be time inconsistent if an agent finds it optimal from the point of view of some initial period 0 but finds it suboptimal in some subsequent period t. Time inconsistency can obvi... P...