What Measure of Inflation Should a Developing Country Central Bank Target?
收藏NBER2015-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21388
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资源简介：
In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We analyze this result in the context of developing economies, where a large proportion of households are credit constrained and
提供机构：
美国国家经济研究局
创建时间：
2015-07-01
