Is forward-looking inflation targeting destabilizing? : the role of policy's response to current output under endogenous investment
Year of publication: |
2009
|
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Authors: | Huang, Kevin X. D. ; Meng, Qinglai ; Xue, Jianpo |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 33.2009, 2, p. 409-430
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Subject: | Inflationssteuerung | Inflation targeting | Regelbindung versus Diskretion | Rules versus discretion | Konjunkturtheorie | Business cycle theory | Stabilität eines Gleichgewichts | Stability of equilibrium | Preisrigidität | Price stickiness | Lohnrigidität | Wage rigidity | Investition | Investment | Theorie | Theory |
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