Search Results for discretion

Sort By
Showing 1-6 of 8

The form of bounded rationality characterizing the representative agent is key in the choice of...

Movements in global capital during the late 1990s and the greater emphasis on price stability led...

This paper provides new evidence on the effectiveness of expenditure rules. The analysis isbased...

In this paper I study the effect of imperfect central bank commitment on inflationary outcomes. I...

This paper extends the effective average tax rate (EATR) developed in Devereux and Griffith...

As developing economies become richer, they seek to contract with the global economy in...