Drifting inflation targets and monetary stagflation

DOI10.1016/J.JEDC.2014.11.007zbMath1402.91465OpenAlexW3122931562MaRDI QIDQ1624029

Edward S. Knotek, Shujaat Khan

Publication date: 15 November 2018

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2014.11.007

zbMATH Keywords

inflationimperfect informationstagflationmonetary policy rulestime-varying inflation target

Mathematics Subject Classification ID

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

Cites Work

• Fitting observed inflation expectations
• The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations
• Term structure views of monetary policy under alternative models of agent expectations

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