Average inflation targeting and interest-rate smoothing

Yunjong Eo, Denny Lie

Year of publication:	2020
Authors:	Eo, Yunjong ; Lie, Denny
Published in:	Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 189.2020, p. 1-5
Subject:	History-dependent policy \| Interest-rate rule \| Monetary policy inertia \| New Keynesian model \| Ramsey policy \| Welfare analysis \| Geldpolitik \| Monetary policy \| Inflationssteuerung \| Inflation targeting \| Theorie \| Theory \| Neoklassische Synthese \| Neoclassical synthesis \| Zinspolitik \| Interest rate policy \| Regelbindung versus Diskretion \| Rules versus discretion \| Wohlfahrtsanalyse \| Dynamisches Gleichgewicht \| Dynamic equilibrium \| Taylor-Regel \| Taylor rule

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