Endogenous time-dependent rules and the costs of disinflation with imperfect credibility
Autor(a) principal: | |
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Data de Publicação: | 2003 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
Texto Completo: | http://hdl.handle.net/10438/1004 |
Resumo: | This paper examines the output effects of monetary disinflation in a model with endogenous time-dependent pricing rules and imperfect credibility of the disinflation policy. We find that these features interact to generate an additional effect on top f the ones obtained with either endogenous time-dependent rules (Bonomo and Carvalho, 2003) or imperfect credibility (Ball, 1995) in isolation. This results in higher output costs of monetary disinflation. |
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Bonomo, Marco Antônio CesarCarvalho, Carlos Viana deEscolas::EPGEFGV2008-05-13T15:46:28Z2008-05-13T15:46:28Z2003-10-090104-8910http://hdl.handle.net/10438/1004This paper examines the output effects of monetary disinflation in a model with endogenous time-dependent pricing rules and imperfect credibility of the disinflation policy. We find that these features interact to generate an additional effect on top f the ones obtained with either endogenous time-dependent rules (Bonomo and Carvalho, 2003) or imperfect credibility (Ball, 1995) in isolation. This results in higher output costs of monetary disinflation.engFundação Getulio Vargas. Escola de Pós-graduação em EconomiaEnsaios Econômicos;505Custos da desinflaçãoInflaçãoEconomiaPolítica de preçosPolítica monetáriaInflaçãoEndogenous time-dependent rules and the costs of disinflation with imperfect credibilityinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessORIGINAL1450.pdfapplication/pdf234254https://repositorio.fgv.br/bitstreams/f7ee0b87-1d0f-4697-affb-d3f92e24879d/download6ac3f10cf516564b2b5be8510efbf328MD51TEXT1450.pdf.txt1450.pdf.txtExtracted texttext/plain39897https://repositorio.fgv.br/bitstreams/7c0890d0-363c-4b0a-96ad-4c254ec27b60/download004bdf39fe27592d32c8043a4d0651a6MD56THUMBNAIL1450.pdf.jpg1450.pdf.jpgGenerated Thumbnailimage/jpeg3296https://repositorio.fgv.br/bitstreams/cdb743f4-039e-4ea0-a621-ade203a428b0/download8e7ea5c443de1ddd58ef93d25334c0e3MD5710438/10042023-11-09 22:54:50.41open.accessoai:repositorio.fgv.br:10438/1004https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-09T22:54:50Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false |
dc.title.eng.fl_str_mv |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility |
title |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility |
spellingShingle |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility Bonomo, Marco Antônio Cesar Custos da desinflação Inflação Economia Política de preços Política monetária Inflação |
title_short |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility |
title_full |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility |
title_fullStr |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility |
title_full_unstemmed |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility |
title_sort |
Endogenous time-dependent rules and the costs of disinflation with imperfect credibility |
author |
Bonomo, Marco Antônio Cesar |
author_facet |
Bonomo, Marco Antônio Cesar Carvalho, Carlos Viana de |
author_role |
author |
author2 |
Carvalho, Carlos Viana de |
author2_role |
author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EPGE |
dc.contributor.affiliation.none.fl_str_mv |
FGV |
dc.contributor.author.fl_str_mv |
Bonomo, Marco Antônio Cesar Carvalho, Carlos Viana de |
dc.subject.por.fl_str_mv |
Custos da desinflação Inflação |
topic |
Custos da desinflação Inflação Economia Política de preços Política monetária Inflação |
dc.subject.area.por.fl_str_mv |
Economia |
dc.subject.bibliodata.por.fl_str_mv |
Política de preços Política monetária Inflação |
description |
This paper examines the output effects of monetary disinflation in a model with endogenous time-dependent pricing rules and imperfect credibility of the disinflation policy. We find that these features interact to generate an additional effect on top f the ones obtained with either endogenous time-dependent rules (Bonomo and Carvalho, 2003) or imperfect credibility (Ball, 1995) in isolation. This results in higher output costs of monetary disinflation. |
publishDate |
2003 |
dc.date.issued.fl_str_mv |
2003-10-09 |
dc.date.accessioned.fl_str_mv |
2008-05-13T15:46:28Z |
dc.date.available.fl_str_mv |
2008-05-13T15:46:28Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10438/1004 |
dc.identifier.issn.none.fl_str_mv |
0104-8910 |
identifier_str_mv |
0104-8910 |
url |
http://hdl.handle.net/10438/1004 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.ispartofseries.por.fl_str_mv |
Ensaios Econômicos;505 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
Fundação Getulio Vargas. Escola de Pós-graduação em Economia |
publisher.none.fl_str_mv |
Fundação Getulio Vargas. Escola de Pós-graduação em Economia |
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FGV |
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