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theory, business cycles, dynamic games, finance, and investment--while also discussing numerical methods and analytical …, mathematical economics, macroeconomics, economic development, finance, operations research, and control theory in engineering …
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nominal interest rates, even when agents believe that the central bank will eventually attain its long-run, positive inflation … target. This illustrates that a credible long-run inflation target does not render the Taylor principle sufficient for …
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eventually attain its long-run, positive inflation target. This illustrates that a credible long-run inflation target does not … level targeting does restore determinacy providing agents believe that inflation will eventually be positive. …
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