The optimal inflation rate in New Keynesian models : should central banks raise their inflation targets in light of the zero lower bound?
Year of publication: |
2012
|
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Authors: | Coibion, Olivier ; Gorodnichenko, Yuriy ; Wieland, Johannes |
Published in: |
The review of economic studies. - Oxford : Oxford Univ. Press, ISSN 0034-6527, ZDB-ID 209928-7. - Vol. 79.2012, 4, p. 1371-1406
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Subject: | Inflationssteuerung | Inflation targeting | Neoklassische Synthese | Neoclassical synthesis | Niedrigzinspolitik | Low-interest-rate policy | Theorie | Theory | Inflationsrate | Inflation rate | Zentralbank | Central bank | Geldpolitik | Monetary policy | Preisrigidität | Price stickiness |
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