Optimal Monetary Policy in a DSGE Model with Attenuated Forward Guidance Effects

Hess Chung, Taisuke Nakata and Matthias Paustian
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Matthias Paustian: https://www.federalreserve.gov/econres/matthias-o-paustian.htm

No 2018-10-19, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: In this article, we explore the implications of attenuating the power of forward guidance for the optimal conduct of forward guidance policy in a quantitative DSGE model of the U.S. economy.

Date: 2018-10-19
New Economics Papers: this item is included in nep-cba, nep-dge, nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2018-10-19

DOI: 10.17016/2380-7172.2264

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