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Monetary policy invariance, hysteresis, and optimal inflation

Author

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  • Mikro Abbritti

Abstract

No abstract is available for this item.

Suggested Citation

  • Mikro Abbritti, 2023. "Monetary policy invariance, hysteresis, and optimal inflation," NCID Working Papers 01/2023, Navarra Center for International Development, University of Navarra.
  • Handle: RePEc:nva:unnvaa:wp01-2023
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    File URL: https://ncid.unav.edu/es/research/working-papers/wp0123
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    More about this item

    Keywords

    Endogenous Growth; Monetary Policy; Optimal Inflation Target; Downward Wage Rigidity; Monetary Policy Invariance; Zero Lower Bound.;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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