Monetary policy with a state-dependent inflation target in a behavioral two-country monetary union model

DOI10.1016/j.jedc.2021.104236zbMath1478.91125OpenAlexW3199567021MaRDI QIDQ2054825

Christian R. Proaño, Benjamin Lojak

Publication date: 3 December 2021

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

Full work available at URL: https://cama.crawford.anu.edu.au/sites/default/files/publication/cama_crawford_anu_edu_au/2020-10/89_2020_proano_lojak1_0.pdf

zbMATH Keywords

monetary policymonetary unionsbehavioral macroeconomicsinflation targetszero lower bound

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Multisectoral models in economics (91B66)

Cites Work

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