Inflation Targeting in a St. Louis Model of the 21st Century
收藏NBER1996-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5507
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资源简介:
Inflation targeting is a monetary policy rule that has implications for both the average performance of an economy and its business cycle behavior. We use a modern, rational expectations model to study the twin effects of this policy rule. The model highlights forward- looking consumption and labor
提供机构:
美国国家经济研究局
创建时间:
1996-03-01



