Search Results - subject:"Nominal GDP Targeting"

UK monetary policy in an estimated DSGE model with state-dependent price and wage contracts

Chen, Haixia; Le, Vo Phuong Mai; Meenagh, David; … - 2023

Considerable micro-level evidence suggests that price/wage contract durations fluctuate with the state of the economy, particularly inflation; nonetheless, macro-level evidence for this is scarce. We incorporate state-dependent price/wage setting into an open economy DSGE model to investigate...

Persistent link: https://www.econbiz.de/10014480472

UK monetary policy in an estimated DSGE model with state-dependent price and wage contracts

Chen, Haixia; Le, Vo Phuong Mai; Meenagh, David; … - 2023

Persistent link: https://www.econbiz.de/10014434524

Demand deficiency and inflation in the G7 countries

Başçı, Erdem; Başçı, Sıdıka - In: International Econometric Review (IER) 13 (2021) 3, pp. 59-70

policy discussions on nominal GDP targeting. …

Persistent link: https://www.econbiz.de/10014518988

Demand deficiency and inflation in the G7 countries

Başçı, Erdem; Başçı, Sıdıka - In: International econometric review 13 (2021) 3, pp. 59-70

policy discussions on nominal GDP targeting. …

Persistent link: https://www.econbiz.de/10012816136

Monetary policy with non-Ricardian households

Bhatnagar, Aryaman - In: The quarterly review of economics and finance : journal … 89 (2023), pp. 12-26

Persistent link: https://www.econbiz.de/10014428123

Optimal monetary policy for the masses

Bullard, James B.; DiCecio, Riccardo - 2019 - This draft: April 2, 2019

We study nominal GDP targeting as optimal monetary policy in a simple and stylized model with a credit market friction … consumption in the U.S. data. We show that nominal GDP targeting continues to characterize optimal monetary policy in this setting …

Persistent link: https://www.econbiz.de/10011998041