Inflation targeting with NAIRU uncertainty and endogenous policy credibility

DOI10.1016/S0165-1889(99)00071-8zbMATH Open0962.91059OpenAlexW2086703108MaRDI QIDQ1583313FDOQ1583313

Authors: P. Isard, A.-C. Eliasson, Douglas Laxton 

Publication date: 26 October 2000

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

Full work available at URL: https://doi.org/10.1016/s0165-1889(99)00071-8

Recommendations

• Monetary policy under misspecified expectations
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zbMATH Keywords

monetary policy rulesinflationmacro model

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle
• Rational-expectations econometric analysis of changes in regime. An investigation of the term structure of interest rates
• A Model of Stochastic Process Switching
• Simplicity versus optimality: The choice of monetary policy rules when agents must learn
• Inflation targeting with NAIRU uncertainty and endogenous policy credibility
• The U. S. Phillips curve: The case for asymmetry
• A robust method for simulating forward-looking models

Cited In (7)

• Inflation targeting with NAIRU uncertainty and endogenous policy credibility
• Robust inflation-forecast-based rules to shield against indeterminacy
• The U. S. Phillips curve: The case for asymmetry
• Global stability of inflation target policies with adaptive agents
• Uncertain potential output: Implications for monetary policy
• A NOTE ON THE ANCHORING EFFECT OF EXPLICIT INFLATION TARGETS
• Inflation-targeting, price-path targeting and indeterminacy

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