Inflation Determination with Taylor Rules: Is New Keynesian Analysis Critically Flawed?
收藏数据链接：
官方服务：
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
