Optimal inflation rates with the trending relative price of investment

DOI10.1016/j.jedc.2015.04.003zbMath1401.91387OpenAlexW3123777339MaRDI QIDQ1657540

Daisuke Ikeda

Publication date: 13 August 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.2015.04.003

zbMATH Keywords

Bayesian estimationsticky pricestrend inflationoptimal inflation rates

Mathematics Subject Classification ID

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

Related Items (2)

Inefficient relative price fluctuations ⋮ Revisiting the optimal inflation rate with downward nominal wage rigidity: the role of heterogeneity

Cites Work

• Monetary policy when wages are downwardly rigid: Friedman meets Tobin
• Optimal fiscal and monetary policy under sticky prices.
• Optimal Monetary Policy
• Optimal Interest-Rate Smoothing
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?
• Bayesian Analysis of DSGE Models

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