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The Optimal Inflation Target and the Natural Rate of Interest
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As found by EconAcademics.org, the blog aggregator for Economics research:- The Optimal Inflation Target and the Natural Rate of Interest
by Christian Zimmermann in NEP-DGE blog on 2018-01-13 04:03:39
Citations
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Cited by:
- Christian Pfister & Jean-Guillaume Sahuc, 2020.
"Unconventional monetary policies: A stock-taking exercise,"
Revue d'économie politique, Dalloz, vol. 130(2), pages 137-169.
- Christian Pfister & Jean-Guillaume Sahuc, 2020. "Unconventional Monetary Policies: A Stock-Taking Exercise," Working papers 761, Banque de France.
- Christian Pfister & Jean-Guillaume Sahuc, 2020. "Unconventional Monetary Policies: A Stock-Taking Exercise," Post-Print hal-02911648, HAL.
- Jean-Guillaume Sahuc & Christian Pfister, 2020. "Unconventional Monetary Policies: A Stock-Taking Exercise," EconomiX Working Papers 2020-3, University of Paris Nanterre, EconomiX.
- Jean-Guillaume Sahuc & Christian Pfister, 2020. "Unconventional Monetary Policies: A Stock-Taking Exercise," Working Papers hal-04159708, HAL.
- Anne Kathrin Funk & Daniel Kaufmann, 2022.
"Do Sticky Wages Matter? New Evidence from Matched Firm Survey and Register Data,"
Economica, London School of Economics and Political Science, vol. 89(355), pages 689-712, July.
- Anne Kathrin Funk & Daniel Kaufmann, 2020. "Do Sticky Wages Matter? New Evidence from Matched Firm-Survey and Register Data," IHEID Working Papers 11-2020, Economics Section, The Graduate Institute of International Studies.
- Anne Kathrin Funk & Daniel Kaufmann, 2020. "Do Sticky Wages Matter? New Evidence from Matched Firm-Survey and Register Data," KOF Working papers 20-480, KOF Swiss Economic Institute, ETH Zurich.
- Anne Kathrin Funk & Daniel Kaufmann, 2020. "Do sticky wages matter? New evidence from matched firm-survey and register data," IRENE Working Papers 20-06, IRENE Institute of Economic Research.
- Abbritti, Mirko & Consolo, Agostino & Weber, Sebastian, 2021. "Endogenous growth, downward wage rigidity and optimal inflation," Working Paper Series 2635, European Central Bank.
- Davide Debortoli & Jordi Galí & Luca Gambetti, 2020.
"On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 34(1), pages 141-170.
- Davide Debortoli & Jordi Galí & Luca Gambetti, 2019. "On the Empirical (Ir)relevance of the Zero Lower Bound Constraint," NBER Chapters, in: NBER Macroeconomics Annual 2019, volume 34, pages 141-170, National Bureau of Economic Research, Inc.
- Davide Debortoli & Jordi Galí & Luca Gambetti, 2018. "On the empirical (ir)relevance of the zero lower bound constraint," Economics Working Papers 1594, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2019.
- Davide Debortoli & Jordi Galí & Luca Gambetti, 2019. "On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint," NBER Working Papers 25820, National Bureau of Economic Research, Inc.
- Debortoli, Davide & GalÃ, Jordi & Gambetti, Luca, 2018. "On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint," CEPR Discussion Papers 12691, C.E.P.R. Discussion Papers.
- Davide Debortoli & Jordi Galí & Luca Gambetti, 2018. "On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint," Working Papers 1013, Barcelona School of Economics.
- Zhang, Ren & Martínez-García, Enrique & Wynne, Mark A. & Grossman, Valerie, 2021.
"Ties that bind: Estimating the natural rate of interest for small open economies,"
Journal of International Money and Finance, Elsevier, vol. 113(C).
- Valerie Grossman & Enrique Martínez García & Mark A. Wynne & Ren Zhang, 2019. "Ties That Bind: Estimating the Natural Rate of Interest for Small Open Economies," Globalization Institute Working Papers 359, Federal Reserve Bank of Dallas, revised 05 Mar 2021.
- Mineyama, Tomohide, 2022. "Revisiting the optimal inflation rate with downward nominal wage rigidity: The role of heterogeneity," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
- Janice C. Eberly & James H. Stock & Jonathan H. Wright, 2020.
"The Federal Reserve's Current Framework for Monetary Policy: A Review and Assessment,"
International Journal of Central Banking, International Journal of Central Banking, vol. 16(1), pages 5-71, February.
- Janice C. Eberly & James H. Stock & Jonathan H. Wright, 2019. "The Federal Reserve’s Current Framework for Monetary Policy: A Review and Assessment," NBER Working Papers 26002, National Bureau of Economic Research, Inc.
- Philip Coyle & Taisuke Nakata, 2019. "Optimal Inflation Target with Expectations-Driven Liquidity Traps," Finance and Economics Discussion Series 2019-036, Board of Governors of the Federal Reserve System (U.S.).
- Günter Coenen & Carlos Montes‐Galdón & Frank Smets, 2023.
"Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(4), pages 825-858, June.
- Günter Coenen & Carlos Montes-Galdón & Frank Smets, 2019. "Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 19/983, Ghent University, Faculty of Economics and Business Administration.
- Smets, Frank & Coenen, Günter & Montes-Galdón, Carlos, 2021. "Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment," CEPR Discussion Papers 16050, C.E.P.R. Discussion Papers.
- Coenen, Günter & Montes-Galdón, Carlos & Smets, Frank, 2020. "Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment," CFS Working Paper Series 639, Center for Financial Studies (CFS).
- Coenen, Günter & Montes-Galdón, Carlos & Smets, Frank, 2020. "Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment," Working Paper Series 2352, European Central Bank.
- Afrouzi, Hassan & Dietrich, Alexander & Myrseth, Kristian & Priftis, Romanos & Schoenle, Raphael, 2024.
"Inflation Preferences,"
CEPR Discussion Papers
19006, C.E.P.R. Discussion Papers.
- Afrouzi, Hassan & Priftis, Romanos & Dietrich, Alexander M. & Myrseth, Kristian Ove R. & Schoenle, Raphael S., 2024. "Inflation preferences," Working Paper Series 2957, European Central Bank.
- Hassan Afrouzi & Alexander Dietrich & Kristian Myrseth & Romanos Priftis & Raphael Schoenle, 2024. "Inflation Preferences," NBER Working Papers 32379, National Bureau of Economic Research, Inc.
- Jesús Fernández-Villaverde & Joël Marbet & Galo Nuño & Omar Rachedi, 2023.
"Inequality and the Zero Lower Bound,"
NBER Working Papers
31282, National Bureau of Economic Research, Inc.
- Jesús Fernández-Villaverde & Joël Marbet & Galo Nuño Barrau & Omar Rachedi, 2024. "Inequality and the zero lower bound," BIS Working Papers 1160, Bank for International Settlements.
- Jesús Fernández-Villaverde & Joël Marbet & Galo Nuño & Omar Rachedi, 2023. "Inequality and the Zero Lower Bound," CESifo Working Paper Series 10471, CESifo.
- Koeda, Junko, 2019.
"Macroeconomic effects of quantitative and qualitative monetary easing measures,"
Journal of the Japanese and International Economies, Elsevier, vol. 52(C), pages 121-141.
- Junko Koeda, 2018. "Macroeconomic Effects of Quantitative and Qualitative Monetary Easing Measures," IMES Discussion Paper Series 18-E-16, Institute for Monetary and Economic Studies, Bank of Japan.
- Martínez-García, Enrique, 2021.
"Get the lowdown: The international side of the fall in the U.S. natural rate of interest,"
Economic Modelling, Elsevier, vol. 100(C).
- Enrique Martínez García, 2020. "Get the Lowdown: The International Side of the Fall in the U.S. Natural Rate of Interest," Globalization Institute Working Papers 403, Federal Reserve Bank of Dallas, revised 20 Feb 2021.
- Andrés Blanco, 2021. "Optimal Inflation Target in an Economy with Menu Costs and a Zero Lower Bound," American Economic Journal: Macroeconomics, American Economic Association, vol. 13(3), pages 108-141, July.
- Sandra Daudignon & Oreste Tristani, 2022.
"Monetary policy and the drifting natural rate of interest,"
Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium
22/1057, Ghent University, Faculty of Economics and Business Administration.
- Daudignon, Sandra & Tristani, Oreste, 2023. "Monetary policy and the drifting natural rate of interest," Working Paper Series 2788, European Central Bank.
- Tomohide Mineyama & Wataru Hirata & Kenji Nishizaki, 2019. "Inflation and Social Welfare in a New Keynesian Model: The Case of Japan and the U.S," Bank of Japan Working Paper Series 19-E-10, Bank of Japan.
- Steven Diamond & Stephen Boyd & David Greenberg & Mykel Kochenderfer & Andrew Ang, 2021. "Optimal Claiming of Social Security Benefits," Papers 2106.00125, arXiv.org.
- Vlieghe, Gertjan, 2022. "Demographics and other constraints on future monetary policy," The Journal of the Economics of Ageing, Elsevier, vol. 23(C).
- Kurozumi, Takushi & Van Zandweghe, Willem, 2024.
"Output-inflation trade-offs and the optimal inflation rate,"
Journal of Economic Dynamics and Control, Elsevier, vol. 164(C).
- Takushi Kurozumi & Willem Van Zandweghe, 2020. "Output-Inflation Trade-offs and the Optimal Inflation Rate," Working Papers 20-20, Federal Reserve Bank of Cleveland.
- Ambrocio, Gene & Ferrero, Andrea & Jokivuolle, Esa & Ristolainen, Kim, 2022.
"What should the inflation target be? Views from 600 economists,"
Bank of Finland Research Discussion Papers
7/2022, Bank of Finland.
- Ambrocio, Gene & Ferrero, Andrea & Jokivuolle, Esa & Ristolainen, Kim, 2022. "What Should the Inflation Target Be? Views from 600 Economists," CEPR Discussion Papers 17289, C.E.P.R. Discussion Papers.
- Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander, 2021. "The ECB’s price stability framework: past experience, and current and future challenges," Occasional Paper Series 269, European Central Bank.
- Aliaga Miranda, Augusto, 2020. "Monetary policy rules for an open economy with financial frictions: A Bayesian approach," Dynare Working Papers 62, CEPREMAP.
- Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2021.
"Should the ECB Adjust Its Strategy in the Face of a Lower r*?,"
Working Papers
22-1, Federal Reserve Bank of Boston.
- Andrade Philippe, & Galí Jordi, & Le Bihan Hervé, & Matheron Julien., 2021. "Should the ECB Adjust its Strategy in the Face of a Lower r*?," Working papers 811, Banque de France.
- GalÃ, Jordi & Andrade, Philippe & Le Bihan, Hervé & Matheron, Julien, 2021. "Should the ECB Adjust its Strategy in the Face of a Lower r*?," CEPR Discussion Papers 16042, C.E.P.R. Discussion Papers.
- Philippe Andrade & Jordi Galí & Hervé Le Bihan & Julien Matheron, 2021. "Should the ECB Adjust its Strategy in the Face of a Lower r*?," Working Papers 1236, Barcelona School of Economics.
- Philippe Andrade & Jordi Galí & Hervé Le Bihan & Julien Matheron, 2021. "Should the ECB adjust its strategy in the face of a lower r*?," Economics Working Papers 1767, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2021.
- Philip Coyle & Taisuke Nakata, 2020. "Optimal Inflation Target with Expectations-Driven Liquidity Traps," CARF F-Series CARF-F-485, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
- Kollmann, Robert, 2021.
"Liquidity traps in a world economy,"
Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
- Robert Kollmann, 2021. "Liquidity traps in a world economy," CAMA Working Papers 2021-05, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Kollmann, Robert, 2021. "Liquidity Traps in a World Economy," MPRA Paper 105113, University Library of Munich, Germany.
- Robert Kollmann, 2021. "Liquidity Traps in a World Economy," Working Papers ECARES 2021-02, ULB -- Universite Libre de Bruxelles.
- Kollmann, Robert, 2021. "Liquidity Traps in a World Economy," CEPR Discussion Papers 15631, C.E.P.R. Discussion Papers.
- Boris Hofmann & Marco Jacopo Lombardi & Benoit Mojon & Athanasios Orphanides, 2021.
"Fiscal and monetary policy interactions in a low interest rate world,"
BIS Working Papers
954, Bank for International Settlements.
- Orphanides, Athanasios & Hofmann, Boris & Lombardi, Marco & Mojon, Benoit, 2021. "Fiscal and monetary policy interactions in a low interest rate world," CEPR Discussion Papers 16411, C.E.P.R. Discussion Papers.
- Antoine Lepetit, 2022.
"The Optimal Inflation Rate with Discount Factor Heterogeneity,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(7), pages 1971-1996, October.
- Antoine Lepetit, 2017. "The Optimal Inflation Rate with Discount Factor Heterogeneity," Working Papers hal-01527816, HAL.
- Antoine Lepetit, 2018. "The Optimal Inflation Rate with Discount Factor Heterogeneity," Finance and Economics Discussion Series 2018-086, Board of Governors of the Federal Reserve System (U.S.).
- Todd Keister & Daniel Sanches, 2023.
"Should Central Banks Issue Digital Currency?,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(1), pages 404-431.
- Todd Keister & Daniel R. Sanches, 2019. "Should Central Banks Issue Digital Currency?," Working Papers 19-26, Federal Reserve Bank of Philadelphia.
- Todd Keister & Daniel R. Sanches, 2021. "Should Central Banks Issue Digital Currency?," Working Papers 21-37, Federal Reserve Bank of Philadelphia.
- Klaus Adam & Oliver Pfäuti & Timo Reinelt, 2020. "Falling Natural Rates, Rising Housing Volatility and the Optimal Inflation Target," CRC TR 224 Discussion Paper Series crctr224_2020_235, University of Bonn and University of Mannheim, Germany.
- Stéphane Dupraz & Emi Nakamura & Jón Steinsson, 2019.
"A Plucking Model of Business Cycles,"
NBER Working Papers
26351, National Bureau of Economic Research, Inc.
- Stéphane Dupraz & Emi Nakamura & Jón Steinsson, 2020. "A Plucking Model of Business Cycles," Working papers 748, Banque de France.
- Eleni Argiri & Ifigeneia Skotida, 2021. "The 2021 review of the monetary policy strategy of the Eurosystem: an economy of forces," Economic Bulletin, Bank of Greece, issue 54, pages 23-57, December.
- Adrian Penalver & Daniele Siena, 2021. "The Deflationary Bias of the ZLB and the FED’s Strategic Response," Working papers 843, Banque de France.
- Dobrew, Michael & Gerke, Rafael & Giesen, Sebastian & Röttger, Joost, 2023. "Make-up strategies with incomplete markets and bounded rationality," Discussion Papers 01/2023, Deutsche Bundesbank.
- Andrade, Philippe & Galí, Jordi & Le Bihan, Hervé & Matheron, Julien, 2021. "Should the ECB adjust its strategy in the face of a lower r★?," Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
- Garcia-Hiernaux, Alfredo & Gonzalez-Perez, Maria T. & Guerrero, David E., 2023.
"Eurozone prices: A tale of convergence and divergence,"
Economic Modelling, Elsevier, vol. 126(C).
- Alfredo García-Hiernaux & María T. González-Pérez & David E. Guerrero, 2020. "Eurozone prices: a tale of convergence and divergence," Working Papers 2010, Banco de España.
- Sheremirov, Viacheslav, 2020.
"Price dispersion and inflation: New facts and theoretical implications,"
Journal of Monetary Economics, Elsevier, vol. 114(C), pages 59-70.
- Viacheslav Sheremirov, 2015. "Price dispersion and inflation: new facts and theoretical implications," Working Papers 15-10, Federal Reserve Bank of Boston.
- Clayton, Christopher & Schaab, Andreas, 2022. "A Theory of Dynamic Inflation Targets," TSE Working Papers 22-1389, Toulouse School of Economics (TSE).
- Schoenle, Raphael & L'Huillier, Jean-Paul, 2019.
"Raising the Inflation Target: How Much Extra Room Does It Really Give?,"
CEPR Discussion Papers
14142, C.E.P.R. Discussion Papers.
- Jean-Paul L'Huillier & Raphael Schoenle, 2020. "Raising the Inflation Target: How Much Extra Room Does It Really Give?," Working Papers 20-16, Federal Reserve Bank of Cleveland.
- Oliver Pfauti, 2021. "Inflation -- who cares? Monetary Policy in Times of Low Attention," Papers 2105.05297, arXiv.org, revised Oct 2023.
- Lis, Eliza & Nickel, Christiane & Papetti, Andrea, 2020. "Demographics and inflation in the euro area: a two-sector new Keynesian perspective," Working Paper Series 2382, European Central Bank.
- Ha,Jongrim & Ivanova,Anna & Ohnsorge,Franziska Lieselotte & Unsal Portillo Ocando,Derya Filiz, 2019. "Inflation : Concepts, Evolution, and Correlates," Policy Research Working Paper Series 8738, The World Bank.
- Brand, Claus & Bielecki, Marcin & Penalver, Adrian, 2018. "The natural rate of interest: estimates, drivers, and challenges to monetary policy JEL Classification: E52, E43," Occasional Paper Series 217, European Central Bank.
- Jean-Philippe Bouchaud & Stanislao Gualdi & Marco Tarzia & Francesco Zamponi, 2018. "Optimal inflation target: insights from an agent-based model," Post-Print hal-01768441, HAL.
- Bouchaud, Jean-Philippe & Gualdi, Stanislao & Tarzia, Marco & Zamponi, Francesco, 2018. "Optimal inflation target: Insights from an agent-based model," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 12, pages 1-27.