Inflation versus Price-Level Targeting: Bayesian Estimation of a Small Open DSGE Model for Switzerland

Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded versi...

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Auteur principal: Heim, Lukas
Format: Livre
Langue:English
Publié: Springer 2015
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Accès en ligne:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59337
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