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Browsing Recerca: working papers, preprints, informes, etc. by Subject "Ramsey policy"

Browsing Recerca: working papers, preprints, informes, etc. by Subject "Ramsey policy"

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  • Brendon, Charles; Ellison, Martin (2018-01)
    This paper proposes and characterises a new normative solution concept for Kydland and Prescott problems, allowing for a commitment device. A policy choice is dominated if either (a) an alternative exists that is superior ...

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