Search Results - subject:"Optimal long-run inflation"

Optimal inflation and firms' productivity dynamics

Weber, Henning - 2011

Empirical data indicate that firms tend to have below-average productivity upon entry and that they tend to experience post-entry productivity growth. I present a New Keynesian model with growth in firm-specific productivity and firm turnover that captures these two phenomena. The model predicts...

Persistent link: https://www.econbiz.de/10010274441

ESSAYS ON THE OPTIMAL LONG-RUN INFLATION RATE

Abo Zaid, Salem M. - 2011

Chapter 1: Optimal Long-Run Inflation with Occasionally-Binding Financial Constraints.This paper studies the optimal … that nominal wages in the U.S. are downwardly rigid. This paper studies the optimal long-run inflation rate in a labor … completely smoothed when prices are fully flexible. Since the optimal long-run inflation rate predicted by this study is …

Persistent link: https://www.econbiz.de/10009450651

Optimal long-run inflation with occasionally binding financial constraints

Abo-Zaid, Salem - In: European Economic Review 75 (2015) C, pp. 18-42

This paper studies the optimal long-run inflation rate in a simple New Keynesian model with occasionally binding …

Persistent link: https://www.econbiz.de/10011208927

Optimal long-run inflation with occasionally binding financial constraints

Abo-Zaid, Salem - In: European economic review : EER 75 (2015), pp. 18-42

Persistent link: https://www.econbiz.de/10011522679

Optimal inflation and firms' productivity dynamics

Weber, Henning - Institut für Weltwirtschaft (IfW) - 2011

Persistent link: https://www.econbiz.de/10008854750