DP11251 Optimal Forward Guidance

Author(s):	Florin Ovidiu Bilbiie
Publication Date:	April 2016
Keyword(s):	forward guidance, hand-to-mouth., heterogenous agents, heterogenous beliefs, incomplete markets, liquidity trap, Optimal monetary policy,unemployment risk, zero lower bound
JEL(s):	E21, E31, E40, E50
Programme Areas:	Monetary Economics and Fluctuations
Link to this Page:	www.cepr.org/active/publications/discussion_papers/dp.php?dpno=11251