We study the welfare performance of various simple monetary policy rules under bounded
rationality (BR) along the lines of Gabaix (2020) in a New Keynesian model with sticky …

Резюме Выбор уровня цели по инфляции занимает определяющее место при
проведении денежнокредитной политики в рамках таргетирования инфляции …

We compare the performance of alternative monetary policy frameworks (inflation targeting,
average inflation targeting, price level targeting and nominal GDP level targeting) in a …

This article outlines the main features of the new monetary policy strategy of the European
Central Bank (ECB). Under this strategy, the ECB is focused on stabilising inflation at 2 …

We evaluate how the euro area economy would have performed since mid-2021 under
alternative monetary policy strategies. We use the ECB's workhorse estimated DSGE model …

In this thesis, after a brief introduction, three papers on the effects of short-term thinking on
the economy are presented, where short-term thinking is defined to encompass both short …

Forschungsfrage Wie wirkt sich beschränkte Rationalität auf die Vorteile
vergangenheitsabhängiger geldpolitischer Strategien–wie beispielsweise …

Cet article présente les principales caractéristiques de la nouvelle stratégie de politique
monétaire de la Banque centrale européenne (BCE). Dans le cadre de cette stratégie, la …