Inflation Dynamics in a New Keynesian Model.
A New Keynesian model is used to derive a relationship between current and expected future inflation taking into account future inflationary pressure. This relationship is employed to examine inflationary dynamics resulting from real disturbances to the economy. Positive current inflationary pressur...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
2000
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