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Author:Ghezzi, P.
Title:Backward-looking indexation, credibility and inflation persistence
Journal:Journal of International Economics
2001 : FEB, VOL. 53:1, p. 127-147
Index terms:Inflation
Credit management
Freeterms:Indexation
Inflation convergence
Credibility
Language:eng
Abstract:The author presents a model that, on the one hand, is consistent with the evidence of sticky inflation and on the other hand, can be directly incorporated into modern intertemporal optimizing models.
SCIMA record nr: 225191
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