𝔖 Bobbio Scriptorium
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Welfare and efficiency under uncertainty

✍ Scribed by Yasunori Ishii

Book ID
112501436
Publisher
Springer Vienna
Year
1988
Tongue
English
Weight
654 KB
Volume
48
Category
Article
ISSN
1617-7134

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πŸ“œ SIMILAR VOLUMES

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## Abstract This paper examines welfare‐maximizing monetary policy in an estimated micro‐founded general equilibrium model of the US economy where the policymaker faces uncertainty about model parameters. Uncertainty about parameters describing preferences and technology implies uncertainty about t

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