Disinflationary Booms?

This paper shows that announced credible disinflations under inflation targeting lead to a boom in a standard New Keynesian model (i.e. a disinflationary boom). This finding is robust with respect to various parameterizations and disinflationary experiments. Thus, it differs from previous findings about disinflationary booms under monetary targeting

MoreLess

Year of publication:	2013-07
Authors:	Merkl, Christian
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	Disinflation \| Disinflationary Boom \| Inflation Targeting

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Kiel Working Papers.
Type of publication:	Book / Working Paper
Notes:	12 pages
Classification:	E30 - Prices, Business Fluctuations, and Cycles. General ; E31 - Price Level; Inflation; Deflation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010886897