Disinflationary Booms?

Journal article


Publication Details

Author(s): Merkl C
Journal: Economics letters
Publisher: Elsevier
Publication year: 2013
Volume: 121
Journal issue: 1
Pages range: 105-109
ISSN: 0165-1765
Language: English


Abstract


This paper shows that announced credible disinflations under inflation targeting lead to a boom in a standard New Keynesian model (i.e. a disinflationary boom). This finding is robust with respect to various parameterizations and disinflationary experiments. Thus, it differs from previous findings about disinflationary booms under monetary targeting.



FAU Authors / FAU Editors

Merkl, Christian Prof. Dr.
Lehrstuhl für Volkswirtschaftslehre, insbesondere Makroökonomik


How to cite

APA:
Merkl, C. (2013). Disinflationary Booms? Economics letters, 121(1), 105-109. https://dx.doi.org/10.1016/j.econlet.2013.07.017.

MLA:
Merkl, Christian. "Disinflationary Booms?" Economics letters 121.1 (2013): 105-109.

BibTeX: 

Last updated on 2018-19-04 at 02:45