Is forward-looking inflation targeting destabilizing? the role of policy's response to current output under endogenous investment

DOI10.1016/j.jedc.2008.05.009zbMath1170.91474OpenAlexW2131088676WikidataQ58012725 ScholiaQ58012725MaRDI QIDQ2271639

Qinglai Meng, Kevin X. D. Huang, Jianpo Xue

Publication date: 7 August 2009

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

Full work available at URL: http://hdl.handle.net/1803/15859

zbMATH Keywords

firm-specific capitalnominal rigiditiescurrent outputendogenous investmentforward-looking inflation targeting

Mathematics Subject Classification ID

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

Related Items (9)

Investment, interest rate policy, and equilibrium stability ⋮ A New Keynesian model with staggered price and wage setting under learning ⋮ Monetary policy and determinacy: an inquiry into open economy New Keynesian macrodynamics ⋮ Economic dynamics of epidemiological bifurcations ⋮ The Taylor principle fights back. I ⋮ The Taylor principle in a medium-scale macroeconomic model ⋮ The Taylor principle fights back. II ⋮ Is forward-looking inflation targeting destabilizing? the role of policy's response to current output under endogenous investment ⋮ Money growth targeting and indeterminacy in small open economies

Cites Work

• Investment, interest rate policy, and equilibrium stability
• Capital and macroeconomic instability in a discrete-time model with forward-looking interest rate rules
• Is forward-looking inflation targeting destabilizing? the role of policy's response to current output under endogenous investment
• Firm-specific capital, nominal rigidities, and the Taylor principle
• Investment and interest rate policy: a discrete time analysis
• New perspectives on capital, sticky prices, and the Taylor principle
• The design of monetary and fiscal policy: a global perspective
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Inattentive Producers
• Investment and interest rate policy

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