economic activity decreases and the persistence of the inflation gap increases due to an increase in the persistence of the …

In a simple New Keynesian model, we derive a closed form solution for the inflation-gap persistence parameter as a … to inflation and the output gap, we show that the empirically observed changes in U.S. inflation-gap persistence during …

In a simple New Keynesian model, we derive a closed form solution for the inflation-gap persistence parameter as a … to inflation and the output gap, we show that the empirically observed changes in U.S. inflation-gap persistence during …

In a simple New Keynesian model, we derive a closed form solution for the inflation-gap persistence parameter as a … to inflation and the output gap, we show that the empirically observed changes in U.S. inflation-gap persistence during …

The objective of this paper is to examine the impact of inflation gap from target, deviation from targeted inflation … 2006. Empirical findings indicates that the impact of inflation gap, deviated from targeted inflation, to nominal interest …

exchange rate. The explanatory variables for the money supply function include the output gap and the inflation gap in addition …

price reset hazard function can generate simulated data that are consistent with inflation gap persistence found in US CPI …