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All co-authors optimal model hyperbolic discounting positive geldpolitik information nominal phillips curve real hedonic rate dynamic equilibrium long run standard deflation capital monetary policy contracts new effects money growth interaction staggered states households inflationssteuerung using keynesian remains paper state calibrations return kalman filter leads significant friedman rule steady welfare maximized
Composed hyperbolic discounting phillips curve phillips kurve monetary policy dynamic equilibrium dynamisches gleichgewicht long run neoklassische synthese neoclassical synthesis hedonic capital money growth discounting positive positive optimal optimal inflation staggered nominal nominal contracts inflation targeting standard new new keynesian discounting phillips inflation hyperbolic kalman filter equilibrium model interaction staggered friedman rule rule states states steady steady state state welfare welfare maximized maximized deflation deflation real real rate rate recent recent work work khan khan uses uses richer richer model model finds finds deflation deflation optimal optimal standard keynesian model model households households hyperbolic discounting small small positive positive rates rates inflation inflation optimal optimal baseline baseline calibration calibration optimal optimal rate rate inflation inflation remains remains positive positive wide
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The information on the author is retrieved from: Entity Facts (by DNB = German National Library data service), DBPedia and Wikidata
Liam Graham PhD Alternative spellings: Michael Liam Graham L. M. Graham L. Graham B: 1968
Profession Economist Physiker Philosoph
Affiliations University College London Birkbeck College
Publishing years Series Discussion paper series / IZA (4) Discussion paper / Centre for Economic Policy Research (3) IZA Discussion Paper (2) CDMA working paper series (2) Kiel working paper (2) Warwick economic research papers (2) , Vol. , pp. - (1) CESifo Working Paper Series (1) CESifo working papers (1) Discussion paper series / Centre for Economic Policy Research / Labour economics (1) Working paper / Institute for Empirical Research in Economics, University of Zürich (1) Birkbeck working papers in economics and finance : BWPEF (1) Working paper series / European Central Bank ; Eurosystem (1) 
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