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~isPartOf:"CESifo Working Paper Series"
~person:"Ascari, Guido"
~person:"Mendonça, Helder Ferreira de"
~subject:"Inflationssteuerung"
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Positive Trend
Inflation
and Determinacy in a Medium-Sized New Keynesian Model
Arias, Jonas E
-
2018
This paper studies the challenge that increasing the
inflation
target poses to equilibrium determinacy in a medium …-sized New Keynesian model without indexation fitted to the Great Moderation era. For moderate targets of the
inflation
rate …
Persistent link: https://www.econbiz.de/10012912615
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