Browsing FGV EPGE - Seminários de Pesquisa Econômica by Title "Imperfectly credible disinflation under endogenous time-dependent pricing"

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Imperfectly credible disinflation under endogenous time-dependent pricing

Carvalho, Carlos Viana de
2005-09-08

The real effects of an imperfectly credible disinflation depend critically on the extent of price rigidity. Therefore, the study of how policymakers’ credibility affects the outcome of an announced disinflation should not ...