Inflation targeting, learning and Q volatility in small open economies

DOI10.1016/J.JEDC.2006.11.010zbMATH Open1163.91501OpenAlexW2077042274MaRDI QIDQ1027441FDOQ1027441

Authors: G. C. Lim, P. D. McNelis 

Publication date: 1 July 2009

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: http://melbourneinstitute.unimelb.edu.au/downloads/working_paper_series/wp2006n22.pdf

Recommendations

• Central bank learning and Taylor rules with sticky import prices
• Targeting rules for an open economy
• Inflation targeting as a coordination device
• LEARNING THE INFLATION TARGET
• Adaptive learning and the use of forecasts in monetary policy

zbMATH Keywords

learninginflation targetsTaylor policy rulesTobin's Q

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Cites Work

• Rational Expectations Equilibria, Learning, and Model Specification
• The Terms of Trade, the Real Exchange Rate, and Economic Fluctuations
• Title not available (Why is that?)
• Accuracy in Simulations
• Performance of monetary policy with internal central bank forecasting
• SOLVING LARGE-SCALE RATIONAL-EXPECTATIONS MODELS
• Approximating and simulating the stochastic growth model: Parameterized expectations, neural networks, and the genetic algorithm
• Optimal nonlinear policy: signal extraction with a non-normal prior

Cited In (6)

• Inflation Dynamics in a Small Open Economy
• Inflation Variability and Gradualist Monetary Policy
• Central bank learning and Taylor rules with sticky import prices
• Learning and misperception of makeup strategies
• Monetary policy with a state-dependent inflation target in a behavioral two-country monetary union model
• Economic Stability and the Choice of the Target Inflation Index

This page was built for publication: Inflation targeting, learning and Q volatility in small open economies

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1027441)