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Bassetto, Marco Chari, Varadarajan V. Kirpalani, Rishabh Amador, Manuel Skrzypacz, Andrzej Atkeson, Andrew Rustichini, Aldo Kocherlakota, Narayana Rao Trejos, Alberto Sharpley, Richard Stacchetti, Ennio Fernandes, Ana Bütler, Monika Rust, John Townsend, Robert M. All co-authors policy equilibria private rate type welfare optimal policies central default government debt commitment gain isolation equilibrium where money model used testing individuals paper targeted reputation
Composed central bank welfare gain optimal policy Öffentliche schulden public debt isolation policies incomplete markets policy delivers delivers welfare gain equivalent commitment type counter cyclical impact assessment hammer scalpel scalpel economics economics indiscriminate indiscriminate versus versus targeted targeted isolation policies pandemics speculative runs runs rate rate pegs efficient allocations cyclical policy infectious disease infection control interest rate interest rate policy regelbindung versus diskretion rules versus discretion business cycle game theory infinite histories moral hazard testing isolation welfare gains used optimal
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Christopher Phelan
Profession Economist
Affiliations University of Minnesota. Department of Economics Federal Reserve Bank of Minneapolis National Bureau of Economic Research Northwestern University University of Chicago University of Wisconsin-Madison
Q41805841
Publishing years Series Staff report / Research Department, Federal Reserve Bank of Minneapolis (6) Working paper / National Bureau of Economic Research, Inc. (5) NBER Working Paper (4) Staff report (3) NBER working paper series (2) Working papers / Federal Reserve Bank of Chicago (2) FRB of Chicago Working Paper (2) Working paper (1) Discussion papers (1) 
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