Merkl C (2013)
Publication Language: English
Publication Type: Journal article
Publication year: 2013
Publisher: Elsevier
Book Volume: 121
Pages Range: 105-109
Journal Issue: 1
DOI: 10.1016/j.econlet.2013.07.017.
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.
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.
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