TITLE

Inflation and output in New Keynesian nnodels with a transient interest rate peg

AUTHOR(S)
Carlstrom, Charles T.; Fuerst, Timothy S.; Paustian, Matthias
PUB. DATE
August 2012
SOURCE
Bank of England Quarterly Bulletin;2012 3rd Quarter, Vol. 52 Issue 3, p250
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article investigates the effects of an unconditional lowering of the nominal interest rate for an extended period of time in a model with infrequent price adjustment.
ACCESSION #
82152852

 

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