Inflation Determination with Taylor Rules: Is New Keynesian Analysis Critically Flawed?
收藏NBER2008-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14534
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资源简介：
Cochrane (2007) has strongly questioned the basic economic logic of current mainstream monetary policy analysis, arguing that the standard notion --that "determinacy" of a rational expectations (RE) equilibrium suffices to imply that stable inflation behavior will be generated -- is incorrect. This
提供机构：
美国国家经济研究局
创建时间：
2008-12-01
