Designing a Monetary Policy Mechanism Based on Policymaker’s Reputation and Rational Agent’s Power

One of the most challenging issues related to the monetary policy is the causes and origins of inflationary shocks and biases. There are two approaches to the monetary policy in general: first, monetary policy based on discretion, and second, monetary policy based on a specific rule. Economists of N...

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Bibliographic Details
Main Authors: Jafar Ebadi, Ehsan Barin
Format: Article
Language:fas
Published: Center for Development Research and Foresight 2020-11-01
Series:پژوهش‌های برنامه و توسعه
Subjects:
Online Access:https://www.journaldfrc.ir/article_109232_85412d2742008abe090c9cf510e0dd00.pdf
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