Program codes

Targeting Nominal Income Growth or Inflation? American Economic Review 92 (2002), 928- 956.

GAUSS codes used for the paper's simulations (no support is provided on these; please acknowledge if used):

Dloss.e (56 Kb) computes the optimal targeting regimes under discretion (the file contains the baseline configuration, which can easily be amended).
Ploss.e (15 Kb) computes the optimal commitment policy (the file contains the baseline configuration, which can easily be amended).

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