Wieland, Volker (contributor) - 2008
disinflation under inflation targeting policies. The analysis is motivated by the disinflation performance of many inflation-targeting … firms abandon backward-looking indexation the costs of disinflation decline further. We show that an inflation targeting …-looking indexation. -- Learning ; Monetary Policy ; New-Keynesian Model ; Indexation ; Inflation Targeting ; Disinflation ; Recursive …