Buch

Dynamics of inflation expectations in the euro area

1 Introduction . 10 2 Alternative models for optimal price setting 16 2.1 Basic model with endogenous supply 17 2.2 Optimal price setting models . 21 2.2.1 Optimal price setting with fully flexible prices 21 2.2.2 Optimal non-overlapping price setting with nominal rigidities . 23 2.2.3 Optimal overlapping price setting with nominal rigidities . 26 3 Three Phillips curve relationships 28 3.1 The New Classical Phillips curve 29 3.2 The New Keynesian Phillips curve 31 3.3 The Hybrid Phillips curve 34 4 Related studies 36 5 Review of the articles 41 References 44

ISBN
978-952-462-473-2
Language
Englisch

Bibliographic citation
Series: Scientific monographs ; No. E:40

Classification
Wirtschaft
Subject
Inflationserwartung
Phillips-Kurve
Rationale Erwartung
Geldpolitik
VAR-Modell
Eurozone
EU-Staaten

Event
Geistige Schöpfung
(who)
Paloviita, Maritta
Event
Veröffentlichung
(who)
Bank of Finland
(where)
Helsinki
(when)
2008

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Buch

Associated

  • Paloviita, Maritta
  • Bank of Finland

Time of origin

  • 2008

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