optimal rules
Simple versus optimal rules as guides to policy
... the rules are conditioned on the same information ...targeting rules are compared to some classes of simple rules ...Taylor rules) in which we are ...for optimal rules at two ...
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Learning Accurate and Interpretable Classifiers Using Optimal Multi-Criteria Rules
... those rules that provide the best trade-off or balance amongst these four ...efficient rules is based on the concept of Pareto Efficiency [Palda ...to rules for which no Pareto improvement is ...
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Stability and Identification with Optimal Macroprudential Policy Rules
... and optimal policy rules aug- mented with …nancial stability indicators (such as asset prices devia- tions from their fundamental values) and minimizing the volatility of the policy interest rates, when the ...
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A Stylized model of European Monetary Union for Analysing coordination games for Monetary and Macroprudential Policy
... designing optimal rules, and also evaluates the gains and losses from including an output term rather than just a credit term in the macroprudential ...the optimal policies evaluated by Quint and ...
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Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version
... monetary rules in a sticky price model with capital ...that optimal monetary policy features a strong anti-inflationary ...non-optimal rules, which is at center stage in our ...Ramsey ...
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Optimal Sequential Investigation Rules in Competition Law
... deriving optimal rules for a sequential investigation process of an administrative agency (as a competition authority) that has the task to determine whether a certain behavior should be allowed or ...
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Optimal hospital payment rules under rationing by random waiting
... derive optimal rules for paying hospitals in a public health care system in which providers can choose quality and random patient demand is rationed by waiting ...payment rules should take account of ...
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Robust Monetary Policy in An Uncertain Economic Environment: Evidence from Tunisian Economy
... robust optimal simple rule reduces this gap between the Sticky information and the ...the optimal parameters for the three ...robust optimal rule when we do not know which model represents the best ...
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Development Of Control System For Solar Plant Using Genetic Fuzzy PID Techniques
... inference rules are described that Reference Rotation, Error Rotation and Solar Plant ...globally optimal values. The optimal Solar Plant Control is ...
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On (Sub) Optimal Monetary Policy Rules under Untied Fiscal Hands
... The virtues of inflation targeting vis-`a-vis income growth targeting are confirmed by the battery of sensitivity tests that follows. The baseline results of the simulations are robust with respect to variations of the ...
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Fundraising and optimal policy rules
... Since Rose-Ackerman (1982) has introduced the …rst formal theoretical model of fundraising, several others have attempted to model charitable organizations as strategic players. Most of the theoretical literature has ...
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Optimal Interest Rate Rules, Asset Prices and Credit Frictions
... We believe that the robustness of inflation targeting as optimal policy within the IP model is a particularly interesting result. In fact, a priori, and due to the procyclicality of the finance premium, this model ...
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Migration Outflows and Optimal Migration Policy: Rules versus Discretion
... migration rules leads to lower net inflows than generally acknowledged and as a conse- quence, the optimal migration policy is likely to be more permissive than that implemented when only the exit flows are ...
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Optimal Monetary Policy Rules for the Euro Area in a DSGE Framework
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Optimal Monetary Policy Rules under Inflation Range Targeting
... calculate optimal policy rules is ex- tremely simple, described by two linear equations: an accelerationist Phillips curve and an output gap ...the rules we derive will prescribe a more aggressive ...
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One essay on time inconsistent preferences and competitive equilibrium and two essays on optimal monetary policy
... An optimal policy should restore consumption smoothing for employed peo- ple, reduce unemployment and make the remaining unemployed individuals not ...The optimal policy in that case is as follows: If the ...
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Optimal simple monetary policy rules and welfare in a DSGE Model for Hungary
... to optimal policy, the empirical rule implies excess smoothing of real domestic variables, and excess volatility of nominal ...allocation optimal policy seems to ...
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Design of Near Optimal Decision Rules in Multistage Adaptive Mixed-Integer Optimization
... decision rules have been established as the preferred solution method for address- ing computationally demanding, multistage adaptive optimization ...decision rules (a) are typically constrained by their a ...
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Optimal operational monetary policy rules in an endogenous growth model: a calibrated analysis
... stabilization, Optimal policy rules may respond to output when Barlevy’s effect is ...whether optimal monetary policy is changed by Barlevy’s ...
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Optimal Operational Monetary Policy Rules in an Endogenous Growth Model: a calibrated analysis
... whether optimal tradeoff between inflation and output would be altered by an introduction of endogenous ...compute optimal inflation volatility at the Ramsey equilib- rium in a endogenous growth New Keynesian ...
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