Inflation illusion and the Taylor principle: an experimental study

DOI10.1016/j.jedc.2014.05.006zbMath1402.91476OpenAlexW2067543166MaRDI QIDQ1994593

Wolfgang J. Luhan, Johann Scharler

Publication date: 1 November 2018

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

Full work available at URL: https://researchportal.port.ac.uk/portal/en/publications/inflation-illusion-and-the-taylor-principle(9f56fb8d-3f9f-49c4-a79b-7d58933728f1).html

zbMATH Keywords

laboratory experimentTaylor principleinterest rate ruleinflation illusion

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Experimental studies (91A90)

Related Items (1)

On the external validity of experimental inflation forecasts: a comparison with five categories of field expectations

Cites Work

• Does trade openness matter for aggregate instability?
• An experimental test of Taylor-type rules with inexperienced central bankers
• An experimental study of decisions in dynamic optimization problems
• The New Keynesian Phillips curve with myopic agents
• Firm-specific capital, nominal rigidities, and the Taylor principle
• Investment and interest rate policy: a discrete time analysis
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

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