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Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model

Wieland, Volker - 2008

disinflation under inflation targeting policies. The analysis is motivated by the disinflation performance of many inflation …-targeting countries, in particular the gradual Chilean disinflation with temporary annual targets. At the start of the disinflation … adaptive learning lowers the cost of disinflation. This reduction can be exploited by a gradual approach to disinflation. Firms …

Persistent link: https://www.econbiz.de/10012771761

The new deflation and housing market bubbles in the USA and UK : a monetary policy dilemma

Richardson Bono, Heather; Leathers, Charles G.; Raines, … - In: International journal of social economics 44 (2017) 6, pp. 760-773

Persistent link: https://www.econbiz.de/10011748771

Essays in new-Keynesian macroeconomics and monetary policy

Cho, Seonghoon - 2004

Persistent link: https://www.econbiz.de/10003386778

Structural stability of the generalized Taylor rule

Barnett, William A.; Duzhak, Evgeniya A. - 2013

Persistent link: https://www.econbiz.de/10010443147

Speed limit policies : the output gap and optimal monetary policy

Walsh, Carl E. - 2001

In a standard New Keynesian model, a myopic central bank concerned with stabilizing inflation and changes in the output gap will implement a policy under discretion that replicates the optimal, timeless perspective, precommitment policy. By stabilizing output gap changes, the central bank...

Persistent link: https://www.econbiz.de/10011408406

Disinflation costs in China and monetary policy regimes

Ferrara, Maria; Garofalo, Antonio; Agovino, Massimiliano - In: Economic modelling 93 (2020), pp. 586-594

Persistent link: https://www.econbiz.de/10012430305

Inflation targeting and disinflation costs in emerging market economies

Stojanovikj, Martin; Petrevski, Goran - In: Empirica : journal of european economics 51 (2024) 1, pp. 283-312

Persistent link: https://www.econbiz.de/10014492081

Does talk matter after all? : Inflation targeting and central bank behavior

Kuttner, Kenneth N.; Posen, Adam Simon - 1999

Since 1990, a number of countries have adopted inflation targeting as their declared monetary strategy. Interpretations of the significance of this movement, however, have differed widely. To some, inflation targeting mandates the single-minded, rule-like pursuit of price stability without...

Persistent link: https://www.econbiz.de/10009768267

Price level targeting with imperfect rationality: a heuristic approach

Molnár, Vojtěch - 2022

Persistent link: https://www.econbiz.de/10013192612

Credibility and the credit channel transmission of monetary policy theoretical model and econometric analysis for Brazil

Montes, Gabriel Caldas; Machado, Caroline Cabral - In: Journal of economic studies 40 (2013) 4, pp. 469-492

Persistent link: https://www.econbiz.de/10010208495