The Efficient Policy Frontier under Parameter Uncertainty and Multiple Tools¶

Mitchell, D. W. (1990). The Efficient Policy Frontier under Parameter Uncertainty and Multiple Tools. Journal of Macroeconomics, 0704(90), 137-145.

Type: Journal article
Intellectual base: Primary research
Year: 1990
DOI: 10.1016/0164-0704(90)90061-e
Link: https://doi.org/10.1016/0164-0704(90)90061-E

Cited by¶

1 citation across 1 artifact.

Domain-specific¶

Multiplier Uncertainty
- Additional tools can then provide diversification value even when the number of instruments exceeds the number of targets, because different uncertain channels can hedge one another rather than merely duplicate control authority.

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