Imperfect Knowledge, Inflation Expectations, and Monetary PolicyAthanasios Orphanides, John Williams
Chapter in NBER book The Inflation-Targeting Debate (2005), Ben S. Bernanke and Michael Woodford, editors (p. 201 - 246) This chapter first appeared as NBER working paper w9984, Monetary Transmission in the Euro Area: Does the Interest Rate Channel Explain it All?, Ignazio Angeloni, Anil K. Kashyap, Benoit Mojon, Daniele Terlizzese This paper is available as PDF (284 K) or via email.
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