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, 137-145.

Type

Journal article

Intellectual base

Primary research

Year

1990

Pages

137-145

ISSN

0164-0704

DOI

10.1016/0164-0704(90)90061-e

DOI registrant

Elsevier

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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