The Optimal Inflation Target
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More about this item
Keywords
optimal inflation; Ramsey policy; optimal rules; lower-bound constraint; wage rigidity; relative price trends;All these keywords.
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2024-07-29 (Central Banking)
- NEP-MON-2024-07-29 (Monetary Economics)
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