; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "The Limits of Counter-Cyclical Monetary Policy: An Analysis Based on Optimal Control Theory and Vector Autoregressions"; ; "batchuser@example.com"; "Litterman, Robert B."; "Federal Reserve Bank of Minneapolis"; "Optimal control theory can be combined with the probability structure of a vector autoregression to investigate the tradeoffs available to policymakers. Such an approach obtains results based on a minimal set of assumptions about the economy and the structure of policy actions. This paper takes this approach to analyze the potential effectiveness of countercyclical monetary policy. "^^; "1986-02"; "2019-08-05T22:06:42.971989485+00:00"^^; "https://doi.org/10.21034/wp.297"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Oct 23 18:06:39 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "459"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "297"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _Annales d'Économie et de Statistique_ (No. 6/7, Modélisation des systèmes dynamiques, Apr. - Sep., 1987, pp. 125-160), https://doi.org/10.2307/20075651."^^; ; "Publication" . ; .