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Heeding Daedalus: Optimal Inflation and the Zero Lower Bound
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Cited by:
- Benjamín García, 2018. "Asymmetric monetary policy responses and the effects of a rise in the inflation target," Working Papers Central Bank of Chile 819, Central Bank of Chile.
- Hess Chung & Jean‐Philippe Laforte & David Reifschneider & John C. Williams, 2012.
"Have We Underestimated the Likelihood and Severity of Zero Lower Bound Events?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(s1), pages 47-82, February.
- Hess Chung & Jean-Philippe Laforte & David Reifschneider & John C. Williams, 2012. "Have We Underestimated the Likelihood and Severity of Zero Lower Bound Events?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44, pages 47-82, February.
- Hess T. Chung & Jean-Philippe Laforte & David L. Reifschneider & John C. Williams, 2011. "Have we underestimated the likelihood and severity of zero lower bound events?," Working Paper Series 2011-01, Federal Reserve Bank of San Francisco.
- Dr. Gregor Bäurle & Daniel Kaufmann, 2014. "Exchange rate and price dynamics in a small open economy - the role of the zero lower bound and monetary policy regimes," Working Papers 2014-10, Swiss National Bank.
- Olivier Coibion & Yuriy Gorodnichenko & Johannes Wieland, 2012.
"The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(4), pages 1371-1406.
- Olivier Coibion & Yuriy Gorodnichenko & Johannes Wieland, 2010. "The Optimal Inflation Rate in New Keynesian Models," Working Papers 91, Department of Economics, College of William and Mary.
- Olivier Coibion & Yuriy Gorodnichenko & Johannes F. Wieland, 2010. "The Optimal Inflation Rate in New Keynesian Models," NBER Working Papers 16093, National Bureau of Economic Research, Inc.
- Schmidt, Sebastian & Nakata, Taisuke & Hills, Timothy, 2016.
"The risky steady state and the interest rate lower bound,"
Working Paper Series
1913, European Central Bank.
- Timothy S. Hills & Taisuke Nakata & Sebastian Schmidt, 2016. "The Risky Steady State and the Interest Rate Lower Bound," Finance and Economics Discussion Series 2016-9, Board of Governors of the Federal Reserve System (U.S.).
- Taisuke Nakata & Sebastian Schmidt & Timothy Hills, 2016. "The Risky Steady State and the Interest Rate Lower Bound," 2016 Meeting Papers 39, Society for Economic Dynamics.
- 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.
- Nicholas Apergis & Stephen M. Miller & Effrosyni Alevizopoulou, 2012.
"The Bank Lending Channel and Monetary Policy Rules for European Banks: Further Extensions,"
Working papers
2012-10, University of Connecticut, Department of Economics.
- Nicholas Apergis & Stephen M. Miller & Effrosyni Alevizopoulou, 2012. "The Bank Lending Channel and Monetary Policy Rules for European Banks: Further Extensions," Working Papers 1204, University of Nevada, Las Vegas , Department of Economics.
- Proaño, Christian R. & Lojak, Benjamin, 2020.
"Animal spirits, risk premia and monetary policy at the zero lower bound,"
Journal of Economic Behavior & Organization, Elsevier, vol. 171(C), pages 221-233.
- Proaño Acosta, Christian & Lojak, Benjamin, 2019. "Animal spirits, risk premia and monetary policy at the zero lower bound," BERG Working Paper Series 148, Bamberg University, Bamberg Economic Research Group.
- Christian R. Proaño & Benjamin Lojak, 2019. "Animal spirits, risk premia and monetary policy at the zero lower bound," CAMA Working Papers 2019-73, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Roberto M. Billi, 2011.
"Optimal Inflation for the US Economy,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 3(3), pages 29-52, July.
- Billi, Roberto M., 2004. "The optimal inflation buffer with a zero bound on nominal interest rates," CFS Working Paper Series 2005/17, Center for Financial Studies (CFS).
- Roberto M. Billi, 2007. "Optimal inflation for the U.S," Research Working Paper RWP 07-03, Federal Reserve Bank of Kansas City.
- Roberto M. Billi, 2005. "The Optimal Inflation Buffer with a Zero Bound on Nominal Interest Rates," Computing in Economics and Finance 2005 25, Society for Computational Economics.
- Roberto M. Billi, 2020.
"Output Gaps and Robust Monetary Policy Rules,"
International Journal of Central Banking, International Journal of Central Banking, vol. 16(2), pages 125-152, March.
- Billi, Roberto M., 2012. "Output Gaps and Robust Monetary Policy Rules," Working Paper Series 260, Sveriges Riksbank (Central Bank of Sweden).
- Weber, Henning, 2011. "Optimal inflation and firms' productivity dynamics," Kiel Working Papers 1685, Kiel Institute for the World Economy (IfW Kiel).
- Viktors Ajevskis, 2019. "Generalised Impulse Response Function as a Perturbation of a Global Solution to DSGE Models," Working Papers 2019/04, Latvijas Banka.
- Eric T. Swanson, 2018.
"The Federal Reserve Is Not Very Constrained by the Lower Bound on Nominal Interest Rates,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(2 (Fall)), pages 555-572.
- Eric T. Swanson, 2018. "The Federal Reserve Is Not Very Constrained by the Lower Bound on Nominal Interest Rates," NBER Working Papers 25123, National Bureau of Economic Research, Inc.
- Kenji Nishizaki & Toshitaka Sekine & Yoichi Ueno, 2014.
"Chronic Deflation in Japan,"
Asian Economic Policy Review, Japan Center for Economic Research, vol. 9(1), pages 20-39, January.
- Kenji Nishizaki & Toshitaka Sekine & Yuichi Ueno & Yuko Kawai, 2013. "Chronic deflation in Japan," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and inflation dynamics in Asia and the Pacific, volume 70, pages 9-19, Bank for International Settlements.
- Kenji Nishizaki & Toshitaka Sekine & Yoichi Ueno, 2012. "Chronic Deflation in Japan," Bank of Japan Working Paper Series 12-E-6, Bank of Japan.
- Kaufmann, Daniel & Bäurle, Gregor, 2013. "Exchange Rate and Price Dynamics at the Zero Lower Bound," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79872, Verein für Socialpolitik / German Economic Association.
- John C. Williams, 2017. "Preparing for the Next Storm: Reassessing Frameworks & Strategies in a Low R-Star World," Speech 176, Federal Reserve Bank of San Francisco.
- Singh, Ajay Pratap & Nikolaou, Michael, 2014.
"Optimal rules for central bank interest rates subject to zero lower bound,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 8, pages 1-67.
- Singh, Ajay Pratap & Nikolaou, Michael, 2013. "Optimal rules for central bank interest rates subject to zero lower bound," Economics Discussion Papers 2013-49, Kiel Institute for the World Economy (IfW Kiel).
- Charles R. Bean & Matthias Paustian & Adrian Penalver & Tim Taylor, 2010. "Monetary policy after the fall," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 267-328.
- James Hebden & J. David López-Salido, 2018. "From Taylor's Rule to Bernanke's Temporary Price Level Targeting," Finance and Economics Discussion Series 2018-051, Board of Governors of the Federal Reserve System (U.S.).
- John C. Williams, 2015.
"Monetary policy and the independence dilemma,"
FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
- John C. Williams, 2015. "Monetary policy and the independence dilemma," Speech 136, Federal Reserve Bank of San Francisco.
- Guido Ascari & Argia M. Sbordone, 2014.
"The Macroeconomics of Trend Inflation,"
Journal of Economic Literature, American Economic Association, vol. 52(3), pages 679-739, September.
- Guido Ascari & Argia M. Sbordone, 2013. "The macroeconomics of trend inflation," Staff Reports 628, Federal Reserve Bank of New York.
- Guido Ascari & Argia M. Sbordone, 2013. "The Macroeconomics of Trend Inflation," DEM Working Papers Series 053, University of Pavia, Department of Economics and Management.
- Taylor, John B. & Williams, John C., 2010.
"Simple and Robust Rules for Monetary Policy,"
Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 15, pages 829-859,
Elsevier.
- John B. Taylor & John C. Williams, 2010. "Simple and robust rules for monetary policy," Working Paper Series 2010-10, Federal Reserve Bank of San Francisco.
- John B. Taylor & John C. Williams, 2010. "Simple and Robust Rules for Monetary Policy," NBER Working Papers 15908, National Bureau of Economic Research, Inc.
- 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.
- Manuel Walz & Matthias Neuenkirch, 2021. "Der Digitale Euro: Ein Zahlungsmittel für die Zukunft?," Research Papers in Economics 2021-05, University of Trier, Department of Economics.
- Abo-Zaid, Salem, 2015. "Optimal long-run inflation with occasionally binding financial constraints," European Economic Review, Elsevier, vol. 75(C), pages 18-42.
- 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.
- Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010.
"Rethinking Macroeconomic Policy,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
- Olivier Blanchard & Giovanni Dell’Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
- Mr. Olivier J Blanchard & Mr. Giovanni Dell'Ariccia & Mr. Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," IMF Staff Position Notes 2010/003, International Monetary Fund.
- Seppo Honkapohja & Kaushik Mitra, 2015.
"Comparing Inflation and Price-Level Targeting: The Role of Forward Guidance and Transparency,"
Manchester School, University of Manchester, vol. 83, pages 27-59, December.
- Honkapohja, Seppo & Mitra, Kaushik, 2015. "Comparing inflation and price level targeting: the role of forward guidance and transparency," Bank of Finland Research Discussion Papers 9/2015, Bank of Finland.
- Honkapohja, Seppo & Mitra, Kaushik, 2015. "Comparing Inflation and Price Level Targeting: the Role of Forward Guidance and Transparency," CEPR Discussion Papers 10513, C.E.P.R. Discussion Papers.
- Olmos, Lorena & Sanso Frago, Marcos, 2014. "Natural Rate of Interest with Endogenous Growth, Financial Frictions and Trend Inflation," MPRA Paper 57212, University Library of Munich, Germany.
- John C. Williams, 2016. "Whither Inflation Targeting? Speech to the Hayek Group, Reno, Nevada, September 6, 2016," Speech 169, Federal Reserve Bank of San Francisco.
- Domenico Colucci & Vincenzo Valori, 2012. "Bounded rationality and parameters’ uncertainty in a simple monetary policy model," Working Papers - Mathematical Economics 2012-03, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
- Martin Seneca, 2020. "Risk Shocks and Monetary Policy in the New Normal," International Journal of Central Banking, International Journal of Central Banking, vol. 16(6), pages 185-232, December.
- Marc Dordal-i-Carreras & Olivier Coibion & Yuriy Gorodnichenko & Johannes Wieland, 2016.
"Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation,"
NBER Working Papers
22510, National Bureau of Economic Research, Inc.
- Marc Carreras & Olivier Coibion & Yuriy Gorodnichenko & Johannes Wieland, 2016. "Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation," Working Papers id:11216, eSocialSciences.
- Philippe Andrade & Jordi Gali & Herve Le Bihan & Julien Matheron, 2019.
"The Optimal Inflation Target and the Natural Rate of Interest,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(2 (Fall)), pages 173-255.
- Philippe Andrade & Jordi Galí & Hervé Le Bihan & Julien Matheron, 2017. "The optimal inflation target and the natural rate of interest," Economics Working Papers 1591, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2019.
- P. Andrade & J. Galí & H. Le Bihan & J. Matheron, 2018. "The Optimal Inflation Target and the Natural Rate of Interest," Working papers 670, Banque de France.
- Philippe Andrade & Jordi Galí & Hervé Le Bihan & Julien Matheron, 2018. "The Optimal Inflation Target and the Natural Rate of Interest," NBER Working Papers 24328, National Bureau of Economic Research, Inc.
- Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2019. "The Optimal Inflation Target and the Natural Rate of Interest," Working Papers 19-18, Federal Reserve Bank of Boston.
- GalÃ, Jordi & Andrade, Philippe & Le Bihan, Hervé & Matheron, Julien, 2018. "The Optimal Inflation Target and the Natural Rate of Interest," CEPR Discussion Papers 12723, C.E.P.R. Discussion Papers.
- Philippe Andrade & Jordi Galí & Hervé Le Bihan & Julien Matheron, 2017. "The Optimal Inflation Target and the Natural Rate of Interest," Working Papers 1009, Barcelona School of Economics.
- 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.
- Taiji HARASHIMA, 2016.
"A Theory Of Deflation: Can Expectations Be Influenced By A Central Bank?,"
Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 7(2), pages 98-145.
- Harashima, Taiji, 2016. "A Theory of Deflation: Can Expectations Be Influenced by a Central Bank?," MPRA Paper 71276, University Library of Munich, Germany.
- Peter Tulip, 2014.
"Fiscal Policy and the Inflation Target,"
International Journal of Central Banking, International Journal of Central Banking, vol. 10(2), pages 63-96, June.
- Peter Tulip, 2014. "Fiscal Policy and the Inflation Target," RBA Research Discussion Papers rdp2014-02, Reserve Bank of Australia.
- Shu‐Hua Chen, 2018. "The Credit‐Channel Transmission Mechanism And The Nonlinear Growth And Welfare Effects Of Inflation And Taxes," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 724-744, April.
- John C. Williams, 2016.
"Rules of engagement,"
FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
- John C. Williams, 2016. "Rules of engagement," Speech 163, Federal Reserve Bank of San Francisco.
- Nikolsko-Rzhevskyy, Alex & Papell, David H. & Prodan, Ruxandra, 2019. "The Taylor principles," Journal of Macroeconomics, Elsevier, vol. 62(C).
- Ben S. Bernanke, 2012. "Monetary Policy since the Onset of the Crisis : a speech at the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming, August 31, 2012," Speech 645, Board of Governors of the Federal Reserve System (U.S.).
- William T. Gavin & Benjamin D. Keen & Alexander W. Richter & Nathaniel A. Throckmorton, 2013.
"Global Dynamics at the Zero Lower Bound,"
Auburn Economics Working Paper Series
auwp2013-17, Department of Economics, Auburn University.
- Nathaniel Throckmorton & Benjamin Keen & Alexander Richter & William Gavin, 2013. "Global Dynamics at the Zero Lower Bound," 2013 Meeting Papers 839, Society for Economic Dynamics.
- William T. Gavin & Benjamin D. Keen & Alexander W. Richter & Nathaniel A. Throckmorton, 2013. "Global dynamics at the zero lower bound," Working Papers 2013-007, Federal Reserve Bank of St. Louis.
- Hess T. Chung & Etienne Gagnon & Taisuke Nakata & Matthias Paustian & Bernd Schlusche & James Trevino & Diego Vilán & Wei Zheng, 2019. "Monetary Policy Options at the Effective Lower Bound : Assessing the Federal Reserve's Current Policy Toolkit," Finance and Economics Discussion Series 2019-003, Board of Governors of the Federal Reserve System (U.S.).
- Georgios Karras, 2017. "Can a Higher Inflation Target Reduce Inflation Volatility?," Metroeconomica, Wiley Blackwell, vol. 68(4), pages 777-791, November.
- Jean Louis, Rosmy & Balli, Faruk, 2013. "Low-inflation-targeting monetary policy and differential unemployment rate: Is monetary policy to be blamed for the financial crisis? — Evidence from major OECD countries," Economic Modelling, Elsevier, vol. 30(C), pages 546-564.
- Weber, Henning, 2012. "The optimal inflation rate and firm-level productivity growth," Kiel Working Papers 1773, Kiel Institute for the World Economy (IfW Kiel).
- Tambakis, Demosthenes N., 2014. "On the risk of long-run deflation," Economics Letters, Elsevier, vol. 122(2), pages 176-181.
- repec:hal:journl:dumas-00801712 is not listed on IDEAS
- Carl E. Walsh, 2011. "The Future of Inflation Targeting," The Economic Record, The Economic Society of Australia, vol. 87(s1), pages 23-36, September.
- Stefan Gerlach & John Lewis, 2014.
"ECB Reaction Functions and the Crisis of 2008,"
International Journal of Central Banking, International Journal of Central Banking, vol. 10(1), pages 137-158, March.
- Gerlach, Stefan & Lewis, John, 2011. "ECB Reaction Functions and the Crisis of 2008," CEPR Discussion Papers 8472, C.E.P.R. Discussion Papers.
- Billi, Roberto M., 2017.
"A Note On Nominal Gdp Targeting And The Zero Lower Bound,"
Macroeconomic Dynamics, Cambridge University Press, vol. 21(8), pages 2138-2157, December.
- Billi, Roberto M., 2013. "Nominal GDP Targeting and the Zero Lower Bound: Should We Abandon Inflation Targeting?," Working Paper Series 270, Sveriges Riksbank (Central Bank of Sweden).
- Kevin M. Murphy & Emmanuel Saez, 2015. "Income and Wealth in America," Book Chapters, in: Tom Church & Chris Miller & John B. Taylor (ed.), Inequality & Economic Policy, chapter 6, Hoover Institution, Stanford University.
- Billi, Roberto M., 2018.
"Price level targeting and risk management,"
Economic Modelling, Elsevier, vol. 73(C), pages 163-173.
- Roberto M. Billi, 2008. "Price-level targeting and risk management in a low-inflation economy," Research Working Paper RWP 08-09, Federal Reserve Bank of Kansas City.
- Billi, Roberto, 2015. "Price Level Targeting and Risk Management," Working Paper Series 302, Sveriges Riksbank (Central Bank of Sweden), revised 01 Feb 2016.
- 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).
- Colucci, Domenico & Valori, Vincenzo, 2015. "Stabilizing inflation in a simple monetary policy model with heterogeneous agents," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 108(C), pages 233-244.
- Charles I. Plosser, 2013. "Fed Policy: Good Intentions, Risky Consequences," Cato Journal, Cato Journal, Cato Institute, vol. 33(3), pages 347-357, Fall.
- Rossana MEROLA, 2012. "Monetary policy and fiscal stimulus with the zero lower bound and financial frictions," LIDAM Discussion Papers IRES 2012024, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Axel A. Weber, 2011. "Challenges for monetary policy in the European Monetary Union," Review, Federal Reserve Bank of St. Louis, vol. 93(July), pages 235-242.
- Bennett T. McCallum, 2011.
"Should central banks raise their inflation targets? Some relevant issues,"
Economic Quarterly, Federal Reserve Bank of Richmond, vol. 97(2Q), pages 111-131.
- Bennett T. McCallum, 2011. "Should Central Banks Raise their Inflation Targets? Some Relevant Issues," NBER Working Papers 17005, National Bureau of Economic Research, Inc.
- repec:zbw:bofrdp:2021_005 is not listed on IDEAS
- Magill, Michael & Quinzii, Martine, 2014. "Anchoring expectations of inflation," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 86-105.
- Michael Dooley & John C Williams, 2010. "Wrap-up Discussion," RBA Annual Conference Volume (Discontinued), in: Renée Fry & Callum Jones & Christopher Kent (ed.),Inflation in an Era of Relative Price Shocks, Reserve Bank of Australia.
- Michau, Jean-Baptiste, 2019.
"Monetary and fiscal policy in a liquidity trap with inflation persistence,"
Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 1-28.
- Jean-Baptiste Michau, 2014. "Monetary and Fiscal Policy in a Liquidity Trap with Inflation Persistence," Working Papers hal-01089192, HAL.
- Günter Coenen & Anders Warne, 2014.
"Risks to Price Stability, the Zero Lower Bound, and Forward Guidance: A Real-Time Assessment,"
International Journal of Central Banking, International Journal of Central Banking, vol. 10(2), pages 7-54, June.
- Coenen, Günter & Warne, Anders, 2013. "Risks to price stability, the zero lower bound and forward guidance: A real-time assessment," CFS Working Paper Series 2013/06, Center for Financial Studies (CFS).
- Coenen, Günter & Warne, Anders, 2013. "Risks to price stability, the zero lower bound and forward guidance: a real-time assessment," Working Paper Series 1582, European Central Bank.
- Karras, Georgios, 2017. "When is Lower Inflation less Stable? Evidence from Eight Developing Economies," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 70(3), pages 333-352.
- Alan S. Blinder, 2020. "What does Jerome Powell know that William McChesney Martin did not—And what role did academic research play in that?," Manchester School, University of Manchester, vol. 88(S1), pages 32-49, September.
- Tamim Bayoumi & Giovanni Dell'Ariccia & Karl F Habermeier & Tommaso Mancini Griffoli & Fabian Valencia, 2014. "Monetary Policy in the New Normal," IMF Staff Discussion Notes 14/3, International Monetary Fund.
- Basu, Parantap & Sarkar, Agnirup, 2016. "Partial inflation indexation and long-run inflation targeting in a growing economy: A comparison of Calvo and Rotemberg pricing models," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 293-306.
- Abeer Reza & Eric Santor & Lena Suchanek, 2015. "Quantitative Easing as a Policy Tool Under the Effective Lower Bound," Discussion Papers 15-14, Bank of Canada.
- Engin Kara & Jasmin Sin, 2013. "Liquidity, Quantitative Easing and Optimal Monetary Policy," Bristol Economics Discussion Papers 13/635, School of Economics, University of Bristol, UK.
- Robert Amano & Thomas J. Carter & Yaz Terajima, 2017. "Redistributive Effects of a Change in the Inflation Target," Staff Analytical Notes 17-13, Bank of Canada.
- Gavin, William T. & Keen, Benjamin D. & Richter, Alexander W. & Throckmorton, Nathaniel A., 2015.
"The zero lower bound, the dual mandate, and unconventional dynamics,"
Journal of Economic Dynamics and Control, Elsevier, vol. 55(C), pages 14-38.
- William T. Gavin & Benjamin D. Keen & Alexander W. Richter & Nathaniel A. Throckmorton, 2013. "Global Dynamics at the Zero Lower Bound," Auburn Economics Working Paper Series auwp2013-17, Department of Economics, Auburn University.
- Chappell, Henry W. & McGregor, Rob Roy, 2018. "Committee decision-making at Sweden's Riksbank," European Journal of Political Economy, Elsevier, vol. 53(C), pages 120-133.
- Michael T. Kiley, 2018.
"Quantitative Easing and the ‘New Normal’ in Monetary Policy,"
Manchester School, University of Manchester, vol. 86(S1), pages 21-49, September.
- Michael T. Kiley, 2018. "Quantitative Easing and the “New Normal” in Monetary Policy," Finance and Economics Discussion Series 2018-004, Board of Governors of the Federal Reserve System (U.S.).
- Benjamín García, 2016. "Zero Lower Bound Risk and Long-Term Inflation in a Time Varying Economy," Working Papers Central Bank of Chile 796, Central Bank of Chile.
- José Dorich & Nicholas Labelle St-Pierre & Vadym Lepetyuk & Rhys R. Mendes, 2018.
"Could a higher inflation target enhance macroeconomic stability?,"
Canadian Journal of Economics, Canadian Economics Association, vol. 51(3), pages 1029-1055, August.
- José Dorich & Nicholas Labelle St‐Pierre & Vadym Lepetyuk & Rhys R. Mendes, 2018. "Could a higher inflation target enhance macroeconomic stability?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(3), pages 1029-1055, August.
- José Dorich & Nicholas Labelle & Vadym Lepetyuk & Rhys R. Mendes, 2018. "Could a Higher Inflation Target Enhance Macroeconomic Stability?," Staff Working Papers 18-17, Bank of Canada.
- José Dorich & Nicholas Labelle St-Pierre & Vadym Lepetyuk & Rhys Mendes, 2018. "Could a higher inflation target enhance macroeconomic stability?," BIS Working Papers 720, Bank for International Settlements.
- Gerke, Rafael & Hammermann, Felix & Lewis, Vivien, 2012.
"Robust monetary policy in a model with financial distress,"
Journal of Macroeconomics, Elsevier, vol. 34(2), pages 318-325.
- R. Gerke & F. Hammermann & V. Lewis, 2011. "Robust Monetary Policy in a Model with Financial Distress," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 11/767, Ghent University, Faculty of Economics and Business Administration.
- John C. Williams, 2016. "Monetary Policy in a Low R-star World," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
- Haavio, Markus & Laine, Olli-Matti, 2021. "Monetary policy rules and the effective lower bound in the Euro area," Bank of Finland Research Discussion Papers 5/2021, Bank of Finland.
- Oleksiy Kryvtsov & Rhys R. Mendes, 2015. "The Optimal Level of the Inflation Target: A Selective Review of the Literature and Outstanding Issues," Discussion Papers 15-8, Bank of Canada.
- Hloušek Miroslav, 2016. "Inflation Target and its Impact on Macroeconomy in the Zero Lower Bound Environment: the case of the Czech economy," Review of Economic Perspectives, Sciendo, vol. 16(1), pages 3-16, March.
- Merola, Rossana, 2010. "Financial frictions and the zero lower bound on interest rates: a DSGE analysis," MPRA Paper 29365, University Library of Munich, Germany.
- Apel, Mikael & Armelius, Hanna & Claussen, Carl Andreas, 2017. "The level of the inflation target – a review of the issues," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue 2, pages 36-56.
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