The Optimal Inflation Rate in New Keynesian Models: Should Central Banks Raise Their Inflation Targets in Light of the Zero Lower Bound?

Author： Coibion Olivier   Gorodnichenko Yuriy   Wieland Johannes  

Publisher： Oxford University Press

ISSN： 0034-6527

Source： The Review of Economic Studies, Vol.79, Iss.4, 2012-10, pp. : 1371-1406

Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.

Previous Menu Next

Abstract

Related content

Raise Rates to Raise Inflation? Neo‐Fisherianism in the New Keynesian Model

By  

JOURNAL OF MONEY, CREDIT AND BANKING, Vol. 50, Iss. 1, 2018-02 ,pp. : 243-259

John Wiley & Sons Inc

Access to resources Recommend Favorite

Inflation in the Great Recession and New Keynesian Models

By  

American Economic Journal: Macroeconomics, Vol. 7, Iss. 1, 2015-01 ,pp. : 168-196

American Economic Association

Access to resources Recommend Favorite

Why should Central Banks avoid the use of the underlying inflation indicator?

By Marques C.R.   Neves P.D.   da Silva A.G.  

Economics Letters, Vol. 75, Iss. 1, 2002-03 ,pp. : 17-23

Elsevier

Access to resources Recommend Favorite

Trend Inflation, Indexation, and Inflation Persistence in the New Keynesian Phillips Curve

By Cogley Timothy   Sbordone Argia M.  

The American Economic Review, Vol. 98, Iss. 5, 2008-12 ,pp. : 2101-2126

American Economic Association

Access to resources Recommend Favorite

New Keynesian Explanations of Cyclical Movements in Aggregate Inflation and Regional Inflation Differentials

By Canzoneri Matthew   Cumby Robert   Diba Behzad   Mykhaylova Olena  

Open Economies Review, Vol. 17, Iss. 1, 2006-01 ,pp. : 27-55

Springer Publishing Company

Access to resources Recommend Favorite