Tariffs as Cost-Push Shocks: Implications for Optimal Monetary Policy
收藏NBER2025-05-01 更新2025-05-17 收录
下载链接：
https://www.nber.org/papers/w33772
下载链接
链接失效反馈官方服务：
资源简介：
We study the optimal monetary policy response to the imposition of tariffs in a model with imported intermediate inputs. In a simple open-economy framework, we show that a tariff maps exactly into a cost-push shock in the standard closed-economy New Keynesian model, shifting the Phillips curve
提供机构：
美国国家经济研究局
创建时间：
2025-05-01
