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Imperfect credibility and inflation persistence · Study

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ArticleImperfect credibility and inflation persistence

Christopher J. Erceg2003

OA

Articlegreen2003

Imperfect credibility and inflation persistence

Christopher J. Erceg · Andrew Levin

431 citations·0/0 files stored·Journal of Monetary Economics

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

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Citations in this library

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References

1983Staggered prices in a utility-maximizing framework 1999The Science of Monetary Policy: A New Keynesian Perspective 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*1996Staggered Prices in a Utility-Maximizing Framework 2003Implications of rational inattention 1980Aggregate Dynamics and Staggered Contracts 1980The Solution of Linear Difference Models under Rational Expectations 2000Optimal monetary policy with staggered wage and price contracts

Cited by

2007Changes in the Federal Reserve's Inflation Target: Causes and Consequences 2005Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 2004The Macroeconomic Effects of Inflation Targeting 2010DSGE Models for Monetary Policy Analysis 2014Empirical Evidence on Inflation Expectations in the New Keynesian Phillips Curve 2013WHY ARE THE 2000s SO DIFFERENT FROM THE 1970s? A STRUCTURAL INTERPRETATION OF CHANGES IN THE MACROECONOMIC EFFECTS OF OIL PRICES 2008Investigating Inflation Persistence Across Monetary Regimes*2022The Slope of the Phillips Curve: Evidence from U.S. States

Details

Year2003

Typearticle

Published2003-05-01

VenueJournal of Monetary Economics

ISSN-L0304-3932

Languageen

Citations431

Files0 public / 0

ShelfMonetary Policy and Economic Impact

Identifiers

doi10.1016/s0304-3932(03)00036-9

openalex_workW3021522846

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