| 货币政策规则:世代交叠模型中的前瞻规则和后顾规则 |
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| 引用本文： | 陈家清,刘次华.货币政策规则:世代交叠模型中的前瞻规则和后顾规则[J].上海大学学报(英文版),2006,10(4):319-324. |
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| 作者姓名： | 陈家清 刘次华 |
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| 作者单位： | 华中科技大学 |
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| 摘 要： |
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| 关 键 词： | 货币政策 预测 数学模型 金融数学 |
| 文章编号： | 1007-6417（2006）04-0319-06 |
| 收稿时间： | 2004-02-16 |
| 修稿时间： | 2005-08-24 |
Monetary policy rules: Forward-looking and backward-looking in an overlapping generations model |
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| Jia-qing Chen Ph. D.,Ci-hua Liu.Monetary policy rules: Forward-looking and backward-looking in an overlapping generations model[J].Journal of Shanghai University(English Edition),2006,10(4):319-324. |
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| Authors: | Jia-qing Chen Ph D Ci-hua Liu |
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| Institution: | (1) Department of Mathematics, Huazhong University of Science and Technology, 430074 Wuhan, P.R. China |
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| Abstract: | In the framework of an overlapping generations model, forward-looking monetary policy roles and backward-looking monetary policy rules were investigated. It is shown that the monetary steady state is more likely to be indeterminate under an active forwardlooking rule than under the corresponding backward-looking rule. It is also shown that backward-looking roles can render the monetary steady state unstable. |
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| Keywords: | overlapping generations model forward-looking rules backward-looking rules monetary policy |
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