Disinflationary booms?

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 a...

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Bibliographic details
Volume: 121
Main Author: Merkl, Christian
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: LAUSANNE Elsevier B.V 01.10.2013
ELSEVIER SCIENCE SA
published in: Economics letters Vol. 121; no. 1; pp. 105 - 109
Data of publication: October 2013
ISSN: 0165-1765
1873-7374
EISSN: 1873-7374
Discipline: Economics
Subjects:
E31
E30
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science - Social Sciences Citation Index - 2013
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Academic OneFile (A&I only)
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