On the Desirability of Nominal GDP Targeting
收藏NBER2015-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21420
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资源简介：
This paper evaluates the welfare properties of nominal GDP targeting in the context of a New Keynesian model with both price and wage rigidity. In particular, we compare nominal GDP targeting to inflation and output gap targeting as well as to a conventional Taylor rule. These comparisons are made
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美国国家经济研究局创建时间：
2015-08-01
