Average Inflation Targeting: Time Inconsistency And Intentional Ambiguity
Author:
Affiliation:
1. Federal Reserve Bank of Cleveland
2. University of Notre Dame
Publisher
Federal Reserve Bank of Cleveland
Reference48 articles.
1. 1. Amano, Robert, Stefano Gnocchi, Sylvain Leduc, and Joel Wagner. 2020. "Average Is Good Enough: Average-Inflation Targeting and the ELB." 20-31. Staff Working Papers. Bank of Canada. https://ideas.repec.org/p/bca/bocawp/20-31.html.
2. 2. Andrade, Philippe, Jordi Galí, Hervé Le Bihan, and Julien Matheron. 2021. "Should the ECB Adjust Its Strategy in the Face of a Lower R*?" Working paper 1236. Barcelona Graduate School of Economics. https://ideas.repec.org/p/bge/wpaper/1236.html.
3. 3. Angeletos, George-Marios, and Jennifer La'O. 2020. "Optimal Monetary Policy with Informational Frictions." Journal of Political Economy 128 (3): 1027-64. https://doi.org/10.1086/704758.
4. 4. Arifovic, Jasmina, James Bullard, and Olena Kostyshyna. 2013. "Social Learning and Monetary Policy Rules." The Economic Journal 123 (567): 38-76. https://doi.org/10.1111/j.1468-0297.2012.02525.x.
5. 5. Bohren, J. Aislinn, and Daniel N. Hauser. 2021. "Learning With Heterogeneous Misspecified Models: Characterization and Robustness." Econometrica 89 (6): 3025-77. https://doi.org/10.3982/ECTA15318.
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