Average inflation targeting and interest-rate smoothing

DOI10.1016/J.ECONLET.2020.109005zbMath1437.91304OpenAlexW2995023227MaRDI QIDQ2179759

Yunjong Eo, Denny Lie

Publication date: 13 May 2020

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: http://econ-wpseries.com/2019/201915.pdf

zbMATH Keywords

welfare analysismonetary policy inertiaRamsey policyhistory-dependent policynew Keynesian modelinterest-rate rule

Mathematics Subject Classification ID

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

Related Items (1)

Average inflation targeting and interest-rate smoothing

Cites Work

• Optimal interest-rate rules and inflation stabilization versus price-level stabilization
• Average inflation targeting and interest-rate smoothing
• Optimal Interest-Rate Smoothing

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