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Monetary indicators and policy rules in the P-star model

Tödter, Karl-Heinz - 2002

There is a broad consensus among economists that, in the long run, inflation is a monetary phenomenon. However … inflationary processes. Moreover, impulses from monetary policy actions are transmitted to inflation through the output gap alone …. Interest rate impulses affect inflation through two channels, the output gap and the liquidity gap. Section 2 of the paper …

Persistent link: https://www.econbiz.de/10011431682

Inflation versus price-level targeting with short and long-term nominal debt

Hatcher, Michael - 2015

Persistent link: https://www.econbiz.de/10011317210

Indexed versus nominal government debt under inflation and price-level targeting

Hatcher, Michael - 2013

Persistent link: https://www.econbiz.de/10009765579

Monetary policy and price responsiveness to aggregate shocks under rational inattention

Paciello, Luigi - In: Journal of money, credit and banking : JMCB 44 (2012) 7, pp. 1375-1399

Persistent link: https://www.econbiz.de/10009693635

Would price-level targeting destabilise the economy?

Minford, Patrick; Nowell, Eric; Webb, Bruce - 2005 - Revised September 2005

When indexation is endogenous price level targeting slightly adds to economic stability, contrary to widespread fears to the contrary. The aggregate supply curve flattens and the aggregate demand curve steepens, increasing stability in the face of supply shocks.

Persistent link: https://www.econbiz.de/10011516965

Indexed versus nominal government debt under inflation and price-level targeting

Hatcher, Michael - In: Journal of economic dynamics & control 45 (2014), pp. 126-145

Persistent link: https://www.econbiz.de/10010474449

Real implications of the zero bound on nominal interest rates

Wolman, Alexander L. - In: Journal of money, credit and banking : JMCB 37 (2005) 2, pp. 273-296

Persistent link: https://www.econbiz.de/10002826815

Monetäre Indikatoren und geldpolitische Regeln im P-Stern-Modell

Tödter, Karl-Heinz - In: Review of economics 53 (2002) 2, pp. 210-243

Persistent link: https://www.econbiz.de/10001727659

Monetäre Indikatoren und geldpolitische Regeln im P-Stern-Modell

Tödter, Karl-Heinz - 2002

Persistent link: https://www.econbiz.de/10001684590

Optimal monetary policy in economies with "sticky-information" wages

Koenig, Evan F. (contributor) - 2004

well as price-level or inflation stabilization. Consistent with Kydland and Prescott (1990), trend deviations in prices are … problem" and a new rationalization for McCallum's P-bar inflation equation are also presented"-Federal Reserve Bank of Dallas … well as price-level or inflation stabilization. Consistent with Kydland and Prescott (1990), trend deviations in prices are …

Persistent link: https://www.econbiz.de/10002538735