Date of Award

Spring 5-5-2018

Document Type


Degree Name

Master of Arts (MA)



First Advisor

Magnus Wiberg

Second Advisor

Sangeeta Pratap

Academic Program Adviser

Magnus Wiberg


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.



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