4. Optimal contracts for central bankers with uncertainty over the relative weight on public versus own welfare.

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4. Optimal contracts for central bankers with uncertainty over the relative weight on public versus own welfare. Suppose that eq. (42) in this chapter is replaced with =(--z-k) + x+2w?

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Foundations Of International Macroeconomics

ISBN: 9780262150477

1st Edition

Authors: Maurice Obstfeld, Kenneth S. Rogoff

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