Habit Persistence and Zero Lower Bound Risk under Optimal Discretionary Monetary Policy

Author:

Hasui Kohei,Hoshino Satoshi

Publisher

Elsevier BV

Subject

General Earth and Planetary Sciences,General Environmental Science

Reference60 articles.

1. Discretionary monetary policy and the zero lower bound on nominal interest rates;K Adam;Journal of Monetary Economics,2007

2. Optimal monetary policy under commitment with a zero bound on nominal interest rates;K Adam;Journal of Money, Credit and Banking,2006

3. Implications of habit formation for optimal monetary policy;J D Amato;Journal of Monetary Economics,2004

4. Hitting the elusive inflation target;F Bianchi;Journal of Monetary Economics,2021

5. Optimal inflation for the US economy;R M Billi;American Economic Journal: Macroeconomics,2011

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