Efficiency and determinacy of equilibrium under inflation targeting

DOI10.1007/BF01215376zbMath0813.90033OpenAlexW2074652975MaRDI QIDQ1341496

Bruce D. Smith

Publication date: 5 January 1995

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01215376

zbMATH Keywords

monetary policytarget inflation rate

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) General equilibrium theory (91B50)

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Cites Work

• Self-fulfilling prophecies
• Monetary policy and price level determinacy in a cash-in-advance economy
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