Search Results - subject:"Inflation bias"

Monetary-fiscal policy interactions when price stability occasionally takes a back seat

Schmidt, Sebastian - 2024

stability. This inflation bias is increasing in the real value of government debt. Regime-switching probabilities are not … interest rate sufficiently moderately when inflation increases. Lower fiscal dominance risk, in turn, mitigates the inflation … bias. …

Persistent link: https://www.econbiz.de/10014543597

Monetary policy rules and zero lower bound on nominal interest rates in a cost-channel economy

Pathberiya, Lasitha R. C. - In: Economic modelling 139 (2024), pp. 1-13

Persistent link: https://www.econbiz.de/10015189647

Monetary-fiscal policy interactions when price stability occasionally takes a back seat

Schmidt, Sebastian - 2024

Persistent link: https://www.econbiz.de/10014484339

A note on time inconsistency and endogenous exits from a currency union

Saito, Yuta - In: Games 13 (2022) 2, pp. 1-8

focus on the possibility of achieving an optimal outcome, which generates no inflation bias, when more than one member is …

Persistent link: https://www.econbiz.de/10013200177

A note on time inconsistency and endogenous exits from a currency union

Saito, Yuta - In: Games 13 (2022) 2, pp. 1-8

focus on the possibility of achieving an optimal outcome, which generates no inflation bias, when more than one member is …

Persistent link: https://www.econbiz.de/10013172401

Inflation and Deflationary Biases in Inflation Expectations

Lamla, Michael; Pfajfar, Damjan; Rendell, Lea - 2019

, we show that an inflation bias as well as a deflationary bias exist as a steady-state outcome. We assess the predictions …

Persistent link: https://www.econbiz.de/10012099206

Inflation and deflationary biases in inflation expectations

Lamla, Michael; Pfajfar, Damjan; Rendell, Lea - 2019

Persistent link: https://www.econbiz.de/10012051269

Inflation and deflationary biases in inflation expectations

Lamla, Michael; Pfajfar, Damjan; Rendell, Lea - 2019

, we show that an inflation bias as well as a deflationary bias exist as a steady-state outcome. We assess the predictions …

Persistent link: https://www.econbiz.de/10012317310

Inflation and deflationary biases in inflation expectations

Lamla, Michael; Pfajfar, Damjan; Rendell, Lea - 2019

, we show that an inflation bias as well as a deflationary bias exist as a steady-state outcome. We assess the predictions …

Persistent link: https://www.econbiz.de/10012181222

What kind of central bank competence?

Frankel, Alex; Kartik, Navin - In: Theoretical Economics 13 (2018) 2, pp. 697-727

How much information should a central bank (CB) have about (i) policy objectives and (ii) operational shocks to the effect of monetary policy? We consider a version of the Barro-Gordon credibility problem in which monetary policy signals an inflation-biased CB's private information on both these...

Persistent link: https://www.econbiz.de/10012010041

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