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Optimal policy in a model of endogenous fluctuations and assets

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  • Taub, B.
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  • Taub, B., 1997. "Optimal policy in a model of endogenous fluctuations and assets," Journal of Economic Dynamics and Control, Elsevier, vol. 21(10), pages 1669-1697, August.
    • Handle: RePEc:eee:dyncon:v:21:y:1997:i:10:p:1669-1697
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    References listed on IDEAS

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    1. Greenwood, Jeremy & Jovanovic, Boyan, 1990. "Financial Development, Growth, and the Distribution of Income," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 1076-1107, October.
    2. Whiteman, Charles H, 1986. "An Analytical Policy Design under Rational Expectations," Econometrica, Econometric Society, vol. 54(6), pages 1387-1405, November.
    3. Hahm, Sangmoon, 1987. "Information acquisition in an incomplete information model of business cycle," Journal of Monetary Economics, Elsevier, vol. 20(1), pages 123-140, July.
    4. Ball, J. A. & Taub, B., 1991. "Factoring spectral matrices in linear-quadratic models," Economics Letters, Elsevier, vol. 35(1), pages 39-44, January.
    5. Grossman, Sanford J & Stiglitz, Joseph E, 1980. "On the Impossibility of Informationally Efficient Markets," American Economic Review, American Economic Association, vol. 70(3), pages 393-408, June.
    6. Andrew Atkeson & Robert E. Lucas, 1992. "On Efficient Distribution With Private Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(3), pages 427-453.
    7. Hansen, Lars Peter & Sargent, Thomas J., 1980. "Formulating and estimating dynamic linear rational expectations models," Journal of Economic Dynamics and Control, Elsevier, vol. 2(1), pages 7-46, May.
    8. Taub, Bart, 1994. "Aggregate fluctuations, interest rates, and repeated insurance under private information," Journal of Economic Dynamics and Control, Elsevier, vol. 18(2), pages 433-465, March.
    9. Whiteman, Charles H., 1985. "Spectral utility, wiener-hopf techniques, and rational expectations," Journal of Economic Dynamics and Control, Elsevier, vol. 9(2), pages 225-240, October.
    10. Caplin, Andrew & Leahy, John, 1994. "Business as Usual, Market Crashes, and Wisdom after the Fact," American Economic Review, American Economic Association, vol. 84(3), pages 548-565, June.
    11. Grossman, Sanford J & Weiss, Laurence, 1982. "Heterogeneous Information and the Theory of the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 699-727, August.
    12. Lucas, Robert E., 1977. "Understanding business cycles," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 5(1), pages 7-29, January.
    13. Lucas, Robert E, Jr, 1973. "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, American Economic Association, vol. 63(3), pages 326-334, June.
    14. Sargent, Thomas J., 1991. "Equilibrium with signal extraction from endogenous variables," Journal of Economic Dynamics and Control, Elsevier, vol. 15(2), pages 245-273, April.
    15. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
    16. Brunner, Karl & Meltzer, Allan H., 1977. "Stabilization of the domestic and international economy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 5(1), pages 1-6, January.
    17. Crawford, Vincent P & Sobel, Joel, 1982. "Strategic Information Transmission," Econometrica, Econometric Society, vol. 50(6), pages 1431-1451, November.
    18. Bart Taub, 1990. "The Equivalence of Lending Equilibria and Signalling-Based Insurance under Asymmetric Information," RAND Journal of Economics, The RAND Corporation, vol. 21(3), pages 388-408, Autumn.
    19. Taub, Bart, 1989. "Aggregate fluctuations as an information transmission mechanism," Journal of Economic Dynamics and Control, Elsevier, vol. 13(1), pages 113-150, January.
    20. Taub, Bart, 1986. "The tradeoff between social insurance and aggregate fluctuations," Information Economics and Policy, Elsevier, vol. 2(4), pages 259-276, December.
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    Cited by:

    1. Dan Bernhardt & P. Seiler & B. Taub, 2010. "Speculative dynamics," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(1), pages 1-52, July.
    2. Guzman, Rolando M. & Ventura, Gustavo, 1998. "A model of experimentation with information externalities," Journal of Economic Dynamics and Control, Elsevier, vol. 23(1), pages 9-34, September.
    3. Manuel Amador & Pierre-Olivier Weill, 2010. "Learning from Prices: Public Communication and Welfare," Journal of Political Economy, University of Chicago Press, vol. 118(5), pages 866-907.
    4. Bart Taub, 2019. "Economic and financial modeling techniques in the frequency domain," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(1), pages 1-17, May.

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