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Optimal Inflation Targeting Rules

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NBER2003-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9939
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This paper characterizes optimal monetary policy for a range of alternative economic models in terms of a flexible inflation targeting rule, with a target criterion that depends on the model specification. It shows which forecast horizons should matter, and which variables besides inflation should
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2003-09-01
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