Imperfect credibility versus no credibility of optimal monetary policy
Alternative title: | Crédibilité imparfaite ou absence de crédibilité de la politique monétaire optimale |
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Year of publication: |
2021
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Authors: | Chatelain, Jean-Bernard ; Ralf, Kirsten |
Published in: |
Revue économique : revue bimestrielle. - Paris : Presses de Sciences Po, ISSN 0035-2764, ZDB-ID 208690-6. - Vol. 72.2021, 1, p. 43-63
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Subject: | Ramsey optimal policy | imperfect commitment | discretion | New Keynesian Phillips curve | imperfect credibility | Glaubwürdigkeit | Credibility | Geldpolitik | Monetary policy | Theorie | Theory | Phillips-Kurve | Phillips curve | Neoklassische Synthese | Neoclassical synthesis | Inflationssteuerung | Inflation targeting | Preisrigidität | Price stickiness |
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