Inflation Targeting, Credibility, and Non-Linear Taylor Rules
In this paper we systematically evaluate how central banks respond to deviations from the inflation target. We present a stylized New Keynesian model in which agents' inflation expectations are sensitive to deviations from the inflation target. To (re-)establish credibility, monetary policy und...
Na minha lista:
Publicado no: | MAGKS - Joint Discussion Paper Series in Economics (Band 35-2012) |
---|---|
Principais autores: | , |
Formato: | Arbeit |
Idioma: | inglês |
Publicado em: |
Philipps-Universität Marburg
2012
|
Assuntos: | |
Acesso em linha: | Texto Completo em Formato PDF |
Tags: |
Adicionar Tag
Sem tags, seja o primeiro a adicionar uma tag!
|
No references were found for this record.