The purpose in this article is to investigate the implications of a non-linear supply curve for the standard discretionary inflation outcome obtained when the central bank has quadratic preferences. Some implications for the optimal output target and degree of conservativeness of the central banker are derived
Inflation target regimes (like those of Canada, Finland, New Zealand, Sweden and the United Kingdom)...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper studies optimal monetary policy under discretion when private agents learn about an uncer...
The purpose in this article is to investigate the implications of a non-linear supply curve for the ...
This Paper analyses the optimal degree of flexibility under a Lucas type convex Phillipscurve. As a ...
* We would like to thank Lex Hoogduin and Peter van Els for useful comments. The usual disclaimer ap...
Using a rational expectations model based on a Phillips curve with persistence in inflation, we deri...
This paper investigates the implications of a nonlinear Phillips curve for the derivation of optimal...
Optimal nominal interest rate rules are usually set assuming that the underlying world is linear. In...
Recent research has suggested that in deriving optimal policy under discretion, policymakers should ...
Several academics and practitioners have pointed out that inflation follows a seemingly exogenous st...
We extend the Svensson (1997a) inflation forecast targeting framework with a convex Phillips curve. ...
SIGLEAvailable from British Library Document Supply Centre- DSC:3597.9512(CEPR-DP--1249) / BLDSC - B...
This paper extends the Svensson inflation forecast targeting framework with a convex Phillips curve....
Inflation target regimes (like those of Canada, Finland, New Zealand, Sweden and the United Kingdom)...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper studies optimal monetary policy under discretion when private agents learn about an uncer...
The purpose in this article is to investigate the implications of a non-linear supply curve for the ...
This Paper analyses the optimal degree of flexibility under a Lucas type convex Phillipscurve. As a ...
* We would like to thank Lex Hoogduin and Peter van Els for useful comments. The usual disclaimer ap...
Using a rational expectations model based on a Phillips curve with persistence in inflation, we deri...
This paper investigates the implications of a nonlinear Phillips curve for the derivation of optimal...
Optimal nominal interest rate rules are usually set assuming that the underlying world is linear. In...
Recent research has suggested that in deriving optimal policy under discretion, policymakers should ...
Several academics and practitioners have pointed out that inflation follows a seemingly exogenous st...
We extend the Svensson (1997a) inflation forecast targeting framework with a convex Phillips curve. ...
SIGLEAvailable from British Library Document Supply Centre- DSC:3597.9512(CEPR-DP--1249) / BLDSC - B...
This paper extends the Svensson inflation forecast targeting framework with a convex Phillips curve....
Inflation target regimes (like those of Canada, Finland, New Zealand, Sweden and the United Kingdom)...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper studies optimal monetary policy under discretion when private agents learn about an uncer...