On the desirability of nominal GDP targeting

DOI10.1016/J.JEDC.2016.05.004zbMath1401.91368OpenAlexW1590180751WikidataQ63740318 ScholiaQ63740318MaRDI QIDQ1655719

Robert Lester, Julio Garín, Eric R. Sims

Publication date: 9 August 2018

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

Full work available at URL: http://www.nber.org/papers/w21420.pdf

zbMATH Keywords

monetary policyoptimal policynominal targeting

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (3)

Intermediate goods and exchange rate disconnect ⋮ Incomplete credit markets and monetary policy ⋮ Unemployment fluctuations and nominal GDP targeting

Cites Work

• Optimal interest-rate rules and inflation stabilization versus price-level stabilization

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