Now showing items 1-2 of 2

    • Financial stability under model uncertainty 

      Kantur, Z.; Özcan, G. (Elsevier B.V., 2018)
      This paper studies how asset price model misspecification affects the conduct of monetary policy under commitment in a New Keynesian model using robust control techniques. We find that monetary policy reacts aggressively ...
    • Heterogeneity in inflation persistence and optimal monetary policy 

      Alp, Sevim Kösem (Bilkent University, 2009)
      In ation persistence di ers substantially across sectors. This paper analyzes the relevance of sectoral in ation persistence di erentials for optimal monetary policy using a two-sector sticky price model, which generalizes ...