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Inflation / Economic theories / Economic policy / Taylor rule / Phillips curve / Monetary inflation / Keynesian economics / Nominal income target / Real interest rate / Economics / Macroeconomics / Monetary policy


The Perils of Nominal Targets∗ Roc Armenter Federal Reserve Bank of Philadelphia† June 7, 2015 Abstract
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Document Date: 2015-06-07 11:27:19

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City

Philadelphia / /

Country

Japan / United States / /

/

Facility

Independence Mall / /

IndustryTerm

ever-increasing disindependent central bank / bank / equilibrium selection device / /

Organization

Finally / Federal Reserve Bank of Philadelphia / US Federal Reserve / Philadelphia Eagles / Federal Reserve Bank of Kansas City / /

Person

Pablo Guerron / Lee Smith / Andrew Postlewaite / Jess Benhabib / Ivan Werning / Ben Lester / Marco Bassetto / Michael Dotsey / /

Position

Rt / Rt / or policy rate / King / strategic player / nonstrategic player / the private sector / /

ProvinceOrState

Pennsylvania / /

SportsEvent

the Super Bowl / /

URL

http /

SocialTag