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On the welfare implications of nominal GDP targeting. (2021). Chen, Huiying.
In: Journal of Macroeconomics.
RePEc:eee:jmacro:v:69:y:2021:i:c:s0164070421000410.

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  1. Welfare implications of nomimal GDP targeting in a small open economy. (2024). Ortiz, Marco ; Solf, Fabrizio ; Inca, Arthur.
    In: MPRA Paper.
    RePEc:pra:mprapa:119999.

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  2. Is deflation cause for panic? Evidence from the National Banking era. (2024). Pender, Casey.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:82:y:2024:i:c:s0164070424000569.

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References

References cited by this document

  1. Abo-Zaid, Salem Optimal long-run inflation with occasionally-binding financial constraints. 2015 Eur. Econ. Rev.. 75 18-42

  2. Beckworth, David ; Hendrickson, Joshua R. Nominal GDP targeting and the Taylor rule on an even playing field. 2015 J. Money Credit Bank.. -
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  3. Billi, Roberto M. A note on nominal GDP targeting and the zero lower bound. 2017 Macroecon. Dyn.. 21 2138-2157

  4. Chen, Huiying Nominal GDP targeting, real economic activity and inflation stabilization in a new Keynesian framework. 2020 Q. Rev. Econ. Finance. -

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  8. Gali, J. New Perspectives on Monetary Policy, Inflation, and the Business Cycle. 2002 National Bureau of Economic Research:
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  9. Garín, Julio ; Lester, Robert ; Sims, Eric On the desirability of nominal GDP targeting. 2016 J. Econom. Dynam. Control. 69 21-44

  10. Mattesini, Fabrizio ; Nisticò, Salvatore Trend growth and optimal monetary policy. 2010 J. Macroecon.. 32 797-815

  11. McCallum, B. Issues in the design of monetary policy rules. 1998 En : Handbook of Macroeconomics. New York: North-Holland:
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  12. Orphanides, A. The quest for prosperity without inflation. 1999 En : Manuscript. Federal Reserve Board:

  13. Perron, Pierre Further evidence on breaking trend functions in macroeconomic variables. 1997 J. Econometrics. 80 355-385

  14. Perron, Pierre The great crash, the oil price shock, and the unit root hypothesis. 1989 Econometrica. 1361-1401

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  20. Woodford, Michael Interest and Prices: Foundations of a Theory of Monetary Policy. 2011 Princeton university press:
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Cocites

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  1. Average Inflation Targeting: How far to look into the past and the future?. (2024). Masek, Frantisek ; Zemlicka, Jan.
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  2. Central bank objectives, monetary policy rules, and limited information. (2024). Benchimol, Jonathan.
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  3. Average inflation targeting: how far to look into the past and the future?. (2024). Masek, Frantisek ; Zemlicka, Jan.
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  4. Simple mandates, monetary rules, and trend-inflation. (2024). Levine, Paul ; Pham, Son T ; Dek, Szabolcs.
    In: Macroeconomic Dynamics.
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  5. Central Bank Objectives, Monetary Policy Rules, and Limited Information. (2024). Benchimol, Jonathan.
    In: Bank of Israel Working Papers.
    RePEc:boi:wpaper:2024.04.

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  6. Average inflation targeting and the interest rate lower bound. (2023). Schmidt, Sebastian ; Nakata, Taisuke ; Budianto, Flora.
    In: European Economic Review.
    RePEc:eee:eecrev:v:152:y:2023:i:c:s0014292123000132.

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  7. Credible Forward Guidance. (2023). Sunakawa, Takeki ; Nakata, Taisuke ; Batista, Quentin.
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  8. UK Monetary Policy in An Estimated DSGE Model with State-Dependent Price and Wage Contracts. (2023). Minford, A. Patrick ; Meenagh, David ; Le, Vo Phuong Mai ; Mai, Vo Phuong ; Chen, Haixia.
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  9. Seemingly Irresponsible but Welfare Improving Fiscal Policy at the Lower Bound. (2022). Walsh, Carl ; Billi, Roberto.
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  10. Taxation, credit frictions and the cyclical behavior of the labor wedge. (2021). Abo-Zaid, Salem.
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    RePEc:spr:empeco:v:60:y:2021:i:4:d:10.1007_s00181-020-01890-8.

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  11. On the welfare implications of nominal GDP targeting. (2021). Chen, Huiying.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:69:y:2021:i:c:s0164070421000410.

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  12. The ECB’s price stability framework: past experience, and current and future challenges. (2021). Zevi, Giordano ; Weber, Henning ; Valderrama, Maria ; Tristani, Oreste ; Thaler, Dominik ; Stevens, Arnoud ; Skotida, Ifigeneia ; Schneider, Jan David ; Schultefrankenfeld, Guido ; Schmidt, Sebastian ; Santoro, Sergio ; Ristiniemi, Annukka ; Rannenberg, Ansgar ; Pisani, Massimiliano ; Penalver, Adrian ; Papageorgiou, Dimitris ; Pavlova, Lora ; Nikolov, Kalin ; Moench, Emanuel ; Montes-Galdón, Carlos ; Meyler, Aidan ; Matheron, Julien ; Martin, Alberto ; Mazelis, Falk ; Marx, Magali ; Lojschova, Adriana ; Locarno, Alberto ; LE BIHAN, Hervé ; Kok, Christoffer ; Knüppel, Malte ; Kenny, Geoff ; Hurtado, Samuel ; Hürtgen, Patrick ; Grasso, Adriana ; Grosse Steffen, Christoph ; Gomes, Sandra ; Gilbert, Niels ; Giesen, Sebastian ; Georgarakos, Dimitris ; Gautier, Erwan ; Ehrmann, Michael ; Dupraz, Stéphane ; Coenen, Günter ; Cleanthous, Lena ; Cecioni, Martina ; Brand, Claus ; Ajevskis, Viktors ; Aguilar, Pablo ; Nuo, Galo ; Soudan, Michel ; Albertazzi, Ugo ; Knuppel, Malte ; Bornemann, Friederike ; Sturm, Michael ; Kho, Stephen ; Montes-Galdon, Carlos ; Hammermann, Felix ; Ioannidis, Michael ; Fahr, Stephan ; Dedola, Luca ; Saint-Guilhem, Arthur ; Consolo, Agostino ; Monch, Emanuel ; Wouters, Raf ; Dobrew, Michael ; Gerke, Rafael ; Maletic, Matjaz ; Corbisiero, Giuseppe ; Hurtgen, Patrick ; Hoffmann, Mathias ; Tosato, Andrea Giorgio ; Andreeva, Desislava ; Rottger, Joost ; Lima, Ana Isabel ; Carboni, Giacomo ; Kienzler, Daniel ; Holz, Jonas ; Scheer, Alexander ; Haavio, Markus ; Motto, Roberto ; Hutchinson, John ; Al-Haschimi, Alexander ; Goy, Gavin ; Kortelainen, Mika ; Grosse-Steffen, Christoph ; Kontulainen, Jarmo.
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  13. TOWARD A NEW COMPARATIVE PUBLIC LAW OF CENTRAL BANK LEGISLATION: Designing Legislative Mandates for Central Bank Private Securities Assets Purchases and Nominal GDP Targeting. (2021). Michael, Bryane ; Osaulenko, Svitlana.
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  14. A fiscal perspective on nominal GDP targeting. (2021). Abozaid, Salem ; Chen, Huiying ; Kamara, Ahmed.
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  17. Nominal GDP targeting, real economic activity and inflation stabilization in a new Keynesian framework. (2020). Chen, Huiying.
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