High trend inflation and passive monetary detours

DOI10.1016/J.ECONLET.2018.08.030MaRDI QIDQ1629653zbMATH OpenOpenAlexWikidataFDO

Authors Guido Ascari, Anna Florio, Alessandro Gobbi

Publication date 12 December 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/11311/1113060

zbMATH Keywords

determinacyMarkov-switchingmonetary-fiscal policy interactionstrend inflation

Mathematics Subject Classification ID

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

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Cites work

• Monetary policy regime switches and macroeconomic dynamics
• Perturbation methods for Markov-switching dynamic stochastic general equilibrium models
• Understanding Markov-switching rational expectations models

Cited in

(2)

• Drifting inflation targets and monetary stagflation
• Controlling inflation with timid monetary-fiscal regime changes

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