モリモト　ケイイチ   MORIMOTO KEIICHI   盛本　圭一    所属   明治大学  政治経済学部    職種   専任准教授
言語種別	英語
発行・発表の年月	2018/03
形態種別	学術雑誌
査読	査読あり
標題	Further results on preference uncertainty and monetary conservatism
執筆形態	単著
掲載誌名	Economics Bulletin
掲載区分	国外
出版社・発行元	AccessEcon
巻・号・頁	38(1),pp.583-592
概要	This study re-examines the optimal delegation problem of monetary policy under preference uncertainty of the central banker. Liberal central bankers are desirable when uncertainty is strong, which is emphasized when the slope of the Phillips curve is flatter, as some empirical works report. However, appointing conservative central bankers is optimal with standard parameter values when monetary policies are conducted by committees, as in most actual economies.