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Self-fulfilling deflations

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Publication:1656437
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DOI10.1016/j.jedc.2016.08.004zbMath1401.91424OpenAlexW2741242453MaRDI QIDQ1656437

Roberto Piazza

Publication date: 10 August 2018

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

Full work available at URL: http://www.bancaditalia.it/pubblicazioni/temi-discussione/2016/2016-1080/en_tema_1080.pdf


zbMATH Keywords

deflationinflation targetliquidity trapsunspotdeanchoring


Mathematics Subject Classification ID

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


Related Items (3)

Lack of confidence, the zero lower bound, and the virtue of fiscal rules ⋮ Controlling chaos in New Keynesian macroeconomics ⋮ The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures



Cites Work

  • Chaotic dynamics in a cash-in-advance economy
  • Long-Term Debt and Optimal Policy in the Fiscal Theory of the Price Level
  • Fiscal Policy in an Expectations-Driven Liquidity Trap
  • Business Cycle Accounting
  • The perils of Taylor rules


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