Evans, George W. (contributor); … - 2003 - [Elektronische Ressource]
).
4
where ¯π is the inflation target. This type of optimal policy is often called
“flexible inflation targeting” in the … inflation targeting would be the case α =0. The policy maker
is assumed to have the same discount factor β as the private sector … 1999), pp.
15—45.
Svscescnscsscsscoscnsc, L. E. (1999): “Inflation Targeting as a Monetary Policy Rule,”
Journal of …