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Avoiding Dark Corners

Avoiding Dark Corners »

Source: Avoiding Dark Corners : A Robust Monetary Policy Framework for the United States

Volume/Issue: 2015/134

Series: IMF Working Papers

Author(s): Ali Alichi , Kevin Clinton , Charles Freedman , Ondra Kamenik , Michel Juillard , Douglas Laxton , Jarkko Turunen , and Hou Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 2015

ISBN: 9781513595702

Keywords: Optimal Control, inflation, interest, interest rate, central bank, General,

The Fed has taken several steps towards strengthening its monetary framework over the past several years. Those steps have supported the Fed's efforts to stimulate the economy through forward guidance despite being...

Inflation-Forecast Targeting

Inflation-Forecast Targeting »

Source: Inflation-Forecast Targeting : Applying the Principle of Transparency

Volume/Issue: 2015/132

Series: IMF Working Papers

Author(s): Kevin Clinton , Charles Freedman , Michel Juillard , Ondrej Kamenik , Douglas Laxton , and Hou Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 2015

ISBN: 9781513557656

Keywords: Optimal Control, inflation, interest, interest rate, central bank, General,

Many central banks in emerging and advanced economies have adopted an inflation-forecast targeting (IFT) approach to monetary policy, in order to successfully establish a stable, low-inflation environment. To suppo...

Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation*

Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation* »

Source: Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation

Volume/Issue: 2018/270

Series: IMF Working Papers

Author(s): Manoj Atolia , Prakash Loungani , Helmut Maurer , and Willi Semmler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2018

ISBN: 9781484387795

Keywords: Fiscal policy, Climate Change, Optimal Control, Environmental Economics, Environmental Economics: Government Policy

The Integrated Assessment Model (IAM) has extensively treated the adverse effects of climate change and the appropriate mitigation policy. We extend such a model to include optimal policies for mitigation, adaptati...

Avoiding Dark Corners
			: A Robust Monetary Policy Framework for the United States

Avoiding Dark Corners : A Robust Monetary Policy Framework for the United States »

Volume/Issue: 2015/134

Series: IMF Working Papers

Author(s): Ali Alichi , Kevin Clinton , Charles Freedman , Ondra Kamenik , Michel Juillard , Douglas Laxton , Jarkko Turunen , and Hou Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 2015

DOI: http://dx.doi.org/10.5089/9781513595702.001

ISBN: 9781513595702

Keywords: Optimal Control, inflation, interest, interest rate, central bank, General,

The Fed has taken several steps towards strengthening its monetary framework over the past several years. Those steps have supported the Fed's efforts to stimulate the economy through forward guidance despite being...

Inflation-Forecast Targeting
			: Applying the Principle of Transparency

Inflation-Forecast Targeting : Applying the Principle of Transparency »

Volume/Issue: 2015/132

Series: IMF Working Papers

Author(s): Kevin Clinton , Charles Freedman , Michel Juillard , Ondrej Kamenik , Douglas Laxton , and Hou Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 2015

DOI: http://dx.doi.org/10.5089/9781513557656.001

ISBN: 9781513557656

Keywords: Optimal Control, inflation, interest, interest rate, central bank, General,

Many central banks in emerging and advanced economies have adopted an inflation-forecast targeting (IFT) approach to monetary policy, in order to successfully establish a stable, low-inflation environment. To suppo...

Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation

Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation »

Volume/Issue: 2018/270

Series: IMF Working Papers

Author(s): Manoj Atolia , Prakash Loungani , Helmut Maurer , and Willi Semmler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2018

DOI: http://dx.doi.org/10.5089/9781484387795.001

ISBN: 9781484387795

Keywords: Fiscal policy, Climate Change, Optimal Control, Environmental Economics, Environmental Economics: Government Policy

The Integrated Assessment Model (IAM) has extensively treated the adverse effects of climate change and the appropriate mitigation policy. We extend such a model to include optimal policies for mitigation, adaptati...