Optimal Money Growth under Dynamic Inflation

被引：0

作者：

Wang Xiangbing ^{[1
]}

Yan Guangle ^{[1
]}

Li Jianfeng ^{[1
]}

机构：

[1] Shanghai Univ Sci & Technol, Sch Business, Shanghai 200093, Peoples R China

来源：

PROCEEDINGS OF THE 5TH CONFERENCE ON CHINA'S ECONOMIC OPERATION RISK MANAGEMENT | 2011年

关键词：

The optimal monetary growth rate; Inflation expectations; Inflation; The optimal control;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper a dynamic model on public expected inflation rate adjusting is established firstly under asymmetric information, and on the basis of it the optimal control model of inflation expectations is built, its analytical solution is firstly presented and the meaning is described. The method proposed in this paper has larger application value to controlling inflation and managing inflation expectations, and a new method and thinking on formulating policies of inflation control, analysis of inflation and its expectations are provided for relevant decision-making.

引用

页码：274 / 278

页数：5

共 21 条

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