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Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation
16 references·1 citing·39 second hop
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References

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  • 2011When Is the Government Spending Multiplier Large?1,839 cited
  • 2003Zero Bound on Interest Rates and Optimal Monetary Policy1,801 cited
  • 2016Staggered Wage Setting in a Macro Model940 cited
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  • 1999State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output770 cited
  • 2005Inflation Stabilization and Welfare: The Case of a Distorted Steady State325 cited
  • 2006Discretionary monetary policy and the zero lower bound on nominal interest rates321 cited
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  • 2010

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The Optimal Rate of Inflation
65 cited

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  • 2019The Optimal Inflation Target and the Natural Rate of Interest17 cited