NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Optimal Target Criteria for Stabilization Policy

Marc P. Giannoni, Michael Woodford

NBER Working Paper No. 15757
Issued in February 2010

---- Acknowledgements -----

We would like to thank Pierpaolo Benigno and Lars Svensson for helpful discussions, and the NSF for support of the authors' research under grants SES-0518770 and SES-0820438. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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