The Perils of Nominal Targets*

DOI10.1093/RESTUD/RDX001zbMath1405.91422OpenAlexW3121773797MaRDI QIDQ4610869

Roc Armenter

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdx001

zbMATH Keywords

inflation targetingMarkov equilibriazero lower bound

Mathematics Subject Classification ID

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

Related Items (1)

Coherence without rationality at the zero lower bound

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