Date of Award
Master of Arts (MA)
Academic Program Adviser
How do different inflation-targeting regimes affect the monetary loss-function of a central bank aiming at stabilizing inflation around an inflation target and stabilizing the real economy? Under a basic New-Keynesian framework, this paper examines the effect of inflation-targeting regimes on the monetary loss function of a central bank.
Weber, Shawn, "A New Keynesian Approach to Estimating Welfare Losses Under Strict and Flexible-Targeting Regimes" (2018). CUNY Academic Works.