The role of the "Maximizing Output Growth Inflation Rate" in monetary policy

The paper discusses the role of monetary policy when potential output depends on the inflation rate. If the intention of the central bank is to maximize actual output growth, then it has to be credibly committed to a strict inflation targeting rule, and to take the MOGIR (the Maximizing Output Growth Inflation Rate) as the target.

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Source https://hal.science/hal-00965020
Author Pepin, Dominique
Maintainer CCSD
Last Updated May 5, 2026, 21:18 (UTC)
Created May 5, 2026, 21:18 (UTC)
Identifier hal-00965020
Language en
Rights https://about.hal.science/hal-authorisation-v1/
contributor Centre de recherche sur l'intégration économique et financière [EA 2249] (CRIEF [Poitiers]) ; Université de Poitiers = University of Poitiers (UP)
creator Pepin, Dominique
date 2004-05-05T00:00:00
harvest_object_id 52f3b2f3-a534-4513-9669-7e8dfd903e51
harvest_source_id 3374d638-d20b-4672-ba96-a23232d55657
harvest_source_title test moissonnage SELUNE
metadata_modified 2026-03-12T00:00:00
relation info:eu-repo/semantics/altIdentifier/arxiv/1403.6112
set_spec type:UNDEFINED