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Optimal discretionary monetary policy in a model of asymmetric central bank preferences.

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Optimal discretionary monetary policy in a model of asymmetric central bank preferences. / Nobay, A R; Peel, D.
In: Economic Journal, Vol. 113, No. 489, 07.2003, p. 657-665.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Nobay, AR & Peel, D 2003, 'Optimal discretionary monetary policy in a model of asymmetric central bank preferences.', Economic Journal, vol. 113, no. 489, pp. 657-665. https://doi.org/10.1111/1468-0297.t01-1-00149

APA

Nobay, A. R., & Peel, D. (2003). Optimal discretionary monetary policy in a model of asymmetric central bank preferences. Economic Journal, 113(489), 657-665. https://doi.org/10.1111/1468-0297.t01-1-00149

Vancouver

Nobay AR, Peel D. Optimal discretionary monetary policy in a model of asymmetric central bank preferences. Economic Journal. 2003 Jul;113(489):657-665. doi: 10.1111/1468-0297.t01-1-00149

Author

Nobay, A R ; Peel, D. / Optimal discretionary monetary policy in a model of asymmetric central bank preferences. In: Economic Journal. 2003 ; Vol. 113, No. 489. pp. 657-665.

Bibtex

@article{4393b19229fc4c74b699a85ec40c3151,
title = "Optimal discretionary monetary policy in a model of asymmetric central bank preferences.",
abstract = "This paper considers optimal monetary policy in the context of the central bank adopting an asymmetric objective function. Our results show that under asymmetric preferences, many of the extant results on the time consistency problem need no longer hold.",
author = "Nobay, {A R} and D Peel",
year = "2003",
month = jul,
doi = "10.1111/1468-0297.t01-1-00149",
language = "English",
volume = "113",
pages = "657--665",
journal = "Economic Journal",
issn = "0013-0133",
publisher = "Wiley-Blackwell",
number = "489",

}

RIS

TY - JOUR

T1 - Optimal discretionary monetary policy in a model of asymmetric central bank preferences.

AU - Nobay, A R

AU - Peel, D

PY - 2003/7

Y1 - 2003/7

N2 - This paper considers optimal monetary policy in the context of the central bank adopting an asymmetric objective function. Our results show that under asymmetric preferences, many of the extant results on the time consistency problem need no longer hold.

AB - This paper considers optimal monetary policy in the context of the central bank adopting an asymmetric objective function. Our results show that under asymmetric preferences, many of the extant results on the time consistency problem need no longer hold.

U2 - 10.1111/1468-0297.t01-1-00149

DO - 10.1111/1468-0297.t01-1-00149

M3 - Journal article

VL - 113

SP - 657

EP - 665

JO - Economic Journal

JF - Economic Journal

SN - 0013-0133

IS - 489

ER -