Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero

Athanasios Orphanides and Volker Wieland

Year of publication:	1998
Authors:	Orphanides, Athanasios
Other Persons:	Wieland, Volker (contributor)
Institutions:	Federal Reserve System / Division of Research and Statistics (contributor)
Publisher:	Washington, DC : Div. of Research & Statistics, Federal Reserve Board [u.a.]
Subject:	Inflationssteuerung \| Inflation targeting \| Preisstabilität \| Price stability \| Regelbindung versus Diskretion \| Rules versus discretion \| Geldpolitik \| Monetary policy \| Zins \| Interest rate \| Liquiditätspräferenz \| Liquidity preference \| Rationale Erwartung \| Rational expectations \| Schock \| Shock \| Theorie \| Theory \| 1980-1995

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