G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w14357
来源IDWorking Paper 14357
Design Limits and Dynamic Policy Analysis
William A. Brock; Steven N. Durlauf; Giacomo Rondina
发表日期2008-09-19
出版年2008
语种英语
摘要This paper characterizes the frequency domain properties of feedback control rules in linear systems in order to better understand how different policies affect outcomes frequency by frequency. We are especially concerned in understanding how reductions of variance at some frequencies induce increases in variance at others. Tradeoffs of this type are known in the control literature as design limits. Design limits are important in understanding the full range of effects of macroeconomic stabilization policies. We extend existing results to account for discrete time bivariate systems with rational expectations. Application is made to the evaluation of monetary policy rules.
主题Microeconomics ; Mathematical Tools ; Macroeconomics ; Monetary Policy
URLhttps://www.nber.org/papers/w14357
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/572031
推荐引用方式
GB/T 7714
William A. Brock,Steven N. Durlauf,Giacomo Rondina. Design Limits and Dynamic Policy Analysis. 2008.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w14357.pdf(303KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[William A. Brock]的文章
[Steven N. Durlauf]的文章
[Giacomo Rondina]的文章
百度学术
百度学术中相似的文章
[William A. Brock]的文章
[Steven N. Durlauf]的文章
[Giacomo Rondina]的文章
必应学术
必应学术中相似的文章
[William A. Brock]的文章
[Steven N. Durlauf]的文章
[Giacomo Rondina]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w14357.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。