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Inflation Targeting and the Liquidity Trap
McCallum, Bennett T. - 2001
perspective, a quantitative open-economy model is developed and the likelihood of encountering a liquidity trap is explored for …
Persistent link: https://www.econbiz.de/10012470499
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Inflation Targeting and the Liquidity Trap
McCallum, Bennett T. - 2021
perspective, a quantitative open-economy model is developed and the likelihood of encountering a liquidity trap is explored for …
Persistent link: https://www.econbiz.de/10013222228
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Inflation targeting
Svensson, Lars E. O. - 2007 - Rev.
Persistent link: https://www.econbiz.de/10003833199
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Inflation targeting
Svensson, Lars E. O. - 2011
Persistent link: https://www.econbiz.de/10008934671
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Inflation targeting
Svensson, Lars E. O. - 2010
stabilizing both inflation and the real economy, and has, as of 2010, been adopted by about 25 industrialized and emerging …
Persistent link: https://www.econbiz.de/10008808312
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Evaluating Monetary Policy
Svensson, Lars E. O. - 2010
order to stabilize the real economy. A modified Taylor curve, the forecast Taylor curve, showing the tradeoff between the … achieved an efficient stabilization of both inflation and the real economy and what relative weight on the stability of … inflation and the real economy has effectively been applied. Ex ante evaluation may be more relevant than evaluation ex post …
Persistent link: https://www.econbiz.de/10014198090
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Evaluating Monetary Policy
Svensson, Lars E. O. - 2010
order to stabilize the real economy. A modified Taylor curve, the forecast Taylor curve, showing the tradeoff between the … achieved an efficient stabilization of both inflation and the real economy and what relative weight on the stability of … inflation and the real economy has effectively been applied. Ex ante evaluation may be more relevant than evaluation ex post …
Persistent link: https://www.econbiz.de/10013150832
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Chapter 3. Money and Inflation : Some Critical Issues
McCallum, Bennett T.; Nelson, Edward - In: Handbook of monetary economics : volume 3, (pp. 97-153). 2010
We consider what, if any, relationship there is between monetary aggregates and inflation, and whether there is any substantial reason for modifying the current mainstream mode of policy analysis, which frequently does not consider monetary aggregates at all. We begin by considering the body of...
Persistent link: https://www.econbiz.de/10014025677
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The possible unemployment cost of average inflation below a credible target : a replication study of Svensson (American Economic Journal: Macroeconomics, 2015)
Oraby, Ramy - In: Journal of comments and replications in economics 1 (2022), pp. 1-21
This paper replicates the main analysis of Svensson (2015) with some expansion to the original analysis, mainly for the United States. Overall, the replication exercise successfully confirms the conclusions of Svensson (2015). In both Sweden and the United States, empirical evidence sup- ports...
Persistent link: https://www.econbiz.de/10013179358
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De senaste årens penningpolitik : "learning against the wind"
Svensson, Lars E. O. - In: Ekonomisk debatt 42 (2014) 3, pp. 6-24
Persistent link: https://www.econbiz.de/10011336788