The Natural Rate Hypothesis: An idea past its sell-by date
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下载链接：
https://www.nber.org/papers/w19267
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资源简介：
Central banks throughout the world predict inflation with new-Keynesian models where, after a shock, the unemployment rate returns to its so called "natural rate'. That assumption is called the Natural Rate Hypothesis (NRH). This paper reviews a body of work, published over the last decade, which is
提供机构：
美国国家经济研究局
创建时间：
2013-08-01
