Date of Award
Spring 5-5-2018
Document Type
Thesis
Degree Name
Master of Arts (MA)
Department
Economics
First Advisor
Magnus Wiberg
Second Advisor
Sangeeta Pratap
Academic Program Adviser
Magnus Wiberg
Abstract
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.
Recommended Citation
Weber, Shawn, "A New Keynesian Approach to Estimating Welfare Losses Under Strict and Flexible-Targeting Regimes" (2018). CUNY Academic Works.
https://academicworks.cuny.edu/hc_sas_etds/355