Is there a trade-off between inflation and output stabilization?

Andrea Tambalotti, Giorgio Primiceri and Alejandro Justiniano

No 8407, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Not in an estimated DSGE model of the US economy, once we account for the fact that most of the high-frequency volatility in wages appears to be due to noise, rather than to variation in workers' preferences or market power.

Keywords: Optimal policy; Output gap; Potential output (search for similar items in EconPapers)
JEL-codes: E30 E52 (search for similar items in EconPapers)
Date: 2011-06
New Economics Papers: this item is included in nep-cba and nep-mac
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Citations: View citations in EconPapers (12)

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Related works:
Journal Article: Is There a Trade-Off between Inflation and Output Stabilization? (2013)
Working Paper: Is there a trade-off between inflation and output stabilization? (2011)
Working Paper: Is there a trade-off between inflation and output stabilization? (2011)
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