Rules-based monetary policy and the threat of indeterminacy when trend inflation is low
Year of publication: |
2020
|
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Authors: | Khan, Hashmat ; Phaneuf, Louis ; Victor, Jean Gardy |
Published in: |
Journal of monetary economics. - Amsterdam : Elsevier, ISSN 0304-3932, ZDB-ID 191155-7. - Vol. 114.2020, p. 317-333
|
Subject: | Sticky wages | Determinacy | Low trend inflation | Output gap | Output growth | Taylor rule | Trend growth | Taylor-Regel | Geldpolitik | Monetary policy | Bruttoinlandsprodukt | Gross domestic product | Inflation | Lohnrigidität | Wage rigidity | Wirtschaftswachstum | Economic growth | Phillips-Kurve | Phillips curve | Theorie | Theory | Schätzung | Estimation | Regelbindung versus Diskretion | Rules versus discretion | Produktionspotenzial | Potential output |
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