Behavioural Central Bank Loss Functions, Skewed Risks and Certainty Equivalence
Author:
Affiliation:
1. University of Leicester, and
2. European Central Bank
Publisher
Wiley
Subject
Economics and Econometrics
Link
https://onlinelibrary.wiley.com/doi/pdf/10.1111/1467-9957.71.s.2
Reference24 articles.
1. Blix M.andSellin P.(2000).‘A Bivariate Distribution for Inflation and Output Forecasts’ Sveriges Riksbank Working Paper 102.
2. ‘Uncertainty and the Effectiveness of Policy’;Brainard W.;American Economic Review,1967
3. Psychological Expected Utility Theory and Anticipatory Feelings
4. Making monetary policy: objectives and rules
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2. Imperfect Knowledge, Adaptive Learning and the Bias Against Activist Monetary Policies;SSRN Electronic Journal;2006
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