Monetary Policy and Economic Stability: a DSGE Approach to Trend Inflation in Morocco
This article explores the impact of trend inflation on monetary policy under a higher inflation target. Adding trend inflation to DSGE models helps us understand the inflation gap better; the gap is less persistent when it is measured as a deviation from trend instead of as a constant average. A hig...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Czech Statistical Office
2024-12-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | https://csu.gov.cz/docs/107508/b1d6d5c6-0216-cf42-dd84-b08d3734d413/32019724q4_hicham_el_ouazzani.pdf?version=1.1 |
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