Limited Commitment, Endogenous Credibility and the Challenges of Price-level Targeting
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Cited by:
- Roulleau-Pasdeloup, Jordan, 2020. "Optimal monetary policy and determinacy under active/passive regimes," European Economic Review, Elsevier, vol. 130(C).
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More about this item
Keywords
Credibility; Inflation targets; Monetary policy framework;All these keywords.
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2019-01-07 (Central Banking)
- NEP-DGE-2019-01-07 (Dynamic General Equilibrium)
- NEP-MAC-2019-01-07 (Macroeconomics)
- NEP-MON-2019-01-07 (Monetary Economics)
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