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Inflation targeting in a St. Louis model of the 21st century - commentary

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  • Edward C. Prescott

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  • Edward C. Prescott, 1996. "Inflation targeting in a St. Louis model of the 21st century - commentary," Proceedings, Federal Reserve Bank of St. Louis, vol. 78(May), pages 112-117.
  • Handle: RePEc:fip:fedlpr:y:1996:i:may:p:112-117:n:v.78no.3
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    References listed on IDEAS

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    1. Devereux, Michael B. & Head, Allen C. & Lapham, Beverly J., 1996. "Aggregate fluctuations with increasing returns to specialization and scale," Journal of Economic Dynamics and Control, Elsevier, vol. 20(4), pages 627-656, April.
    2. Hornstein, Andreas, 1993. "Monopolistic competition, increasing returns to scale, and the importance of productivity shocks," Journal of Monetary Economics, Elsevier, vol. 31(3), pages 299-316, June.
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    Cited by:

    1. Calza Alessandro & Zaghini Andrea, 2011. "Welfare Costs of Inflation and the Circulation of U.S. Currency Abroad," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-21, May.
    2. Dai, Wei & Serletis, Apostolos, 2019. "On the Markov switching welfare cost of inflation," Journal of Economic Dynamics and Control, Elsevier, vol. 108(C).

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