scholarly journals Comments on ”Epidemics in the New Keynesian Model by Eichenbaum, Rebelo, and Trabandt”

2022 ◽  
pp. 104307
Author(s):  
Leonardo Melosi
Keyword(s):  
New Keynesian ◽  
New Keynesian Model ◽  
Keynesian Model

scholarly journals Public Debt and Changing Inflation Targets

2016 ◽  
Vol 8 (4) ◽  
pp. 142-176 ◽  
Author(s):  
Michael U. Krause ◽  
Stéphane Moyen
Keyword(s):  
Central Bank ◽  
Public Debt ◽  
Pronounced Effect ◽  
New Keynesian ◽  
Moderate Increase ◽  
New Keynesian Model ◽  
Inflation Target ◽  
Keynesian Model ◽  
Maturity Structure ◽  
Inflation Targets

What are the effects of a higher central bank inflation target on the burden of real public debt? Several recent proposals have suggested that even a moderate increase in the inflation target can have a pronounced effect on real public debt. We consider this question in a New Keynesian model with a maturity structure of public debt and an imperfectly observed inflation target. We find that moderate changes in the inflation target only have significant effects on real public debt if they are essentially permanent. Moreover, the additional benefits of not communicating a change in the inflation target are minor. (JEL E12, E31, E52, H63)

scholarly journals An estimated New-Keynesian model with unemployment as excess supply of labor

2014 ◽  
Vol 40 ◽  
pp. 338-359 ◽  
Author(s):  
Miguel Casares ◽  
Antonio Moreno ◽  
Jesús Vázquez
Keyword(s):  
New Keynesian ◽  
New Keynesian Model ◽  
Excess Supply ◽  
Keynesian Model

scholarly journals Heterogeneity in Wage Setting Behavior in a New-Keynesian Model

2015 ◽  
Author(s):  
Sylvester C. W. Eijffinger ◽  
Anderson Grajales Olarte ◽  
Burak Uras
Keyword(s):  
New Keynesian ◽  
New Keynesian Model ◽  
Wage Setting ◽  
Keynesian Model
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