Antoine Lepetit

Board of Governors of the Federal Reserve System

20th and C Streets, NW

Washington, DC 20551

United States

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Scholarly Papers (1)

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The Optimal Inflation Rate with Discount Factor Heterogeneity

FEDS Working Paper No. 2018-086
Number of pages: 58 Posted: 26 Dec 2018 Last Revised: 21 Feb 2019
Antoine Lepetit
Board of Governors of the Federal Reserve System
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Abstract:

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Discount factor heterogeneity, Inflation target, Optimal inflation rate, Optimal monetary policy, Perpetual youth, Sticky prices