 | Designing a Simple Loss Function for Central Banks : Does a Dual Mandate Make Sense? Author/Editor: Davide Debortoli, Jinill Kim, Jesper Lindé, Ricardo C Nunes. Release Date:July, 2017 Yes, it makes a lot of sense. This paper studies how to design simple loss functions for central
banks, as parsimonious approximations to social welfare. We show, both analytically and
more...
| Price: $18.00
|
|
Help