Optimal Monetary Policy with Imperfect Common Knowledge

By Klaus Adam. 2003

254 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7f3139b4e8d31ab2d1564874304e940cbac24952

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In Economics and Econometrics

Citations in the corpus

Information Acquisition and Welfare (2014, background): “( ; ) = E[(1− )+  |  ; ] (1)”
Optimal Monetary Policy with Uncertain Fundamentals and Dispersed Information (2009, methodology): “To find an equilibrium, I substitute (1) and (2) in the optimality conditions (8) and (9), and obtain a system of equations in φ and ψ.”
DYNAMIC PRICING AND IMPERFECT COMMON KNOWLEDGE (2008, background): “Woodford (2002) and Adam (2007). (3)See Morris and Shin (2002) and Chamley (2004). (4)See Phelps (1970) and Lucas (1972, 1973, 1975).”
Exogenous Information, Endogenous Information and Optimal Monetary Policy (2014, methodology): “Adam (2007) studies optimal monetary policy in an economy where price setters pay limited attention to aggregate conditions, but the amount of attention that price setters devote to aggregate conditions is exogenous.”
Central Bank Transparency and the Signal Value of Prices (2006, background): “Financial market prices present the additional complication that they 6See Adam (2003), Amato and Shin (2004), Hellwig (2002, 2004) and Ui (2003).”
A Theory of Demand Shocks (2009, background): “Each good j 2 [0; 1] is produced by a single monopolistic rm, which has access to the linear production function Yj;t = AtNj;t: (1) Uncertainty.”
Imperfect Information and Aggregate Supply (2010, unknown): “ Adam (2007) studies optimal monetary policy in a simple partial information economy similar to the one we presented in Section 4.2.”