optimal policy
Optimal Policy of Data Dissemination in CDNs
... The above discussed approach includes node based computations. In centralized approach the source should know and store list of all incoherency bounds of all data items at different repositories. Whenever there is a new ...
8
Financial Shocks and Optimal Policy
... jointly optimal monetary-fiscal ...the optimal policy response to a securitization shock is purely fiscal; monetary policy does not respond, but fiscal policy uses transfers (tax cuts) ...
47
Optimal Policy Projections
... on optimal mone- tary policy while taking policymakers’ judgment into ...constructs optimal policy projections (OPPs) by extracting the judgment terms that allow a model, such as the Federal ...
32
Optimal Policy with Heterogeneous Preferences
... Optimal policy rules--including those regarding income taxation, commodity taxation, public goods, and externalities--are typically derived in models with homogeneous ...the optimal income tax. ...
26
Optimal Policy Implications of Financial Uncertainty
... alternative policy tools have emerged dur- ing this period to analyze the impact of financial shocks, and their linkages with the real ...robust optimal policy under uncertainty in response to ...
34
Fundraising and optimal policy rules
... the policy maker and the nature of regulations widely di¤er in each ...the policy maker has a right to prevent unregistered or unlicensed charities from operating in the ...
28
Corruption and tax evasion an optimal policy
... Let us interpret this result of corruption-proof taxation. According to the previous proposition, the threat of collusion between taxpayer and supervisor leads the government to set a different scheme of taxation, with ...
15
Education and social returns an optimal policy
... Since the agents do not internalize the externality of schooling induced by social interactions, in market economy the human capital of labor force is suboptimal. Indeed, given the assumptions and constraints facing ...
10
Optimal Monetary Policy in a Liquidity Trap
... future policy one should wish for people to expect if there is no possibility of committing oneself to a different sort of policy in the future than one would otherwise have pursued, as a result of the ...
79
Inventories and optimal monetary policy
... A key feature of the standard New Keynesian setup is that Ramsey-optimal policy completely stabilizes inflation. Price movements represent a dead- weight loss to the economy because of the existence of ...
26
Optimal monetary policy
... of optimal policy is in the tradition of Ramsey [1928] and draws heavily on the modern literature on optimal policy in dynamic economies which follows from Lucas and Stokey ...mal ...
58
Optimal Fiscal Policy With Oil Revenues
... fiscal policy when we have externality of human capital in ...fiscal policy capable to make the decentralized economy to achieve the first-best equilibrium in the Uzawa-Lucas ...that optimal ...
16
Optimal Monetary Policy with Informational Frictions
... for optimal policy is certainly ...on optimal collection of information (or optimal attention), and that by Angeletos and La’O (2011b), which focuses on learning through prices and macro ...
46
Optimal Bank Regulation and Monetary Policy
... The simultaneity of optimal policy parameter choice in the model means that regulation of bank capital and conduct of monetary policy should be coordinated. Neither can be done properly without ...
44
Transmission Lags and Optimal Monetary Policy
... a¤ect optimal monetary ...longer policy transmission lag than the ...consumption, optimal policy responds more to the service-sector the more the s- and m-sectors are interlinked in terms of ...
24
Optimal Monetary Policy
... under optimal policy closely resembles output which would occur if all prices were flexible and monetary distortions were ...under optimal policy from their real business cycle counterparts ...
51
Pollution, Mortality and Optimal Environmental Policy
... feedback policy (here uniform exogenous abatement taxes) there is only a deterministic steady state, under the optimal feedback state-dependent policy (here optimal abate- ment taxes) there ...
47
Inflation risk and optimal monetary policy
... the policy implications of this tradeoff between output and inflation variability requires using a welfare metric to evaluate the alternative policy ...that optimal policy in our particular ...
30
Inventories and Optimal Monetary Policy
... of optimal monetary ...Ramsey-optimal policy in the simple New Keynesian model with ...the optimal planner still attempts to reduce inflation volatility to zero since it is a deadweight loss ...
33
Essays on optimal fiscal policy
... of policy for this type of ...shocks. Optimal policy resolves this trade-o¤ by keeping the lowest volatility for the tax rate for skilled and the lowest counter-cyclicality for the hand-to-mouth ...
220