E - Macroeconomics and Monetary Economics
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The Macroeconomic Effects of Non-Zero Trend Inflation
Staff Working Paper 2006-34 Robert Amano, Steve Ambler, Nooman RebeiThe authors study the macroeconomic effects of non-zero trend inflation in a simple dynamic stochastic general-equilibrium model with sticky prices.Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models, Inflation and prices, Inflation targets JEL Code(s): E, E2, E24, E3, E32
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