Wage or price-based inflation? Alternative targets in optimal monetary policy rules

DOI10.1016/j.jedc.2008.10.009zbMath1176.91103OpenAlexW2071030186MaRDI QIDQ1042356

Massimiliano Marzo

Publication date: 7 December 2009

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2008.10.009

zbMATH Keywords

capital accumulationinflation targetingwelfarenominal and real rigiditiesoutput targeting

Mathematics Subject Classification ID

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

Related Items (1)

A New Keynesian model with staggered price and wage setting under learning

Uses Software

• Dynare

Cites Work

• A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy
• The business cycle with nominal contracts
• Calculating and using second-order accurate solutions of discrete time dynamic equilibrium models
• Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Global Implications of Self-Oriented National Monetary Rules
• An Intertemporal Model of Saving and Investment

This page was built for publication: Wage or price-based inflation? Alternative targets in optimal monetary policy rules