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Monetary Policy in a Low-Inflation Environment: Developing a State-Contingent Price-Level Target

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  • Charles L. Evans

Abstract

Remarks delivered by Charles Evans before the Federal Reserve Bank of Boston's 55th Economic Conference on October 16, 2010, in Boston, Mass.

Suggested Citation

  • Charles L. Evans, 2010. "Monetary Policy in a Low-Inflation Environment: Developing a State-Contingent Price-Level Target," Speech 48, Federal Reserve Bank of Chicago.
    • Handle: RePEc:fip:fedhsp:48
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    References listed on IDEAS

    as
    1. Alan J. Auerbach & Maurice Obstfeld, 2005. "The Case for Open-Market Purchases in a Liquidity Trap," American Economic Review, American Economic Association, vol. 95(1), pages 110-137, March.
    2. Gauti B. Eggertsson & Michael Woodford, 2003. "The Zero Bound on Interest Rates and Optimal Monetary Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(1), pages 139-235.
    3. Lars E.O. Svensson, 2003. "Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 145-166, Fall.
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    Keywords

    Price policy; inflation;

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