Browsing FGV EPGE - Ensaios Econômicos by Title "Imperfectly credible disinflation under endogenous time-ependent pricing"

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    • Imperfectly credible disinflation under endogenous time-ependent pricing 

      Carvalho, Carlos Viana de; Bonomo, Marco Antônio Cesar
      2005-08-01
      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 ...