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Inflation, Flexible Exchange Rates, and the Natural Rate of Unemployment

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NBER1981-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0708
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The most important conclusion of this paper is that the growth rate of the money supply influences the U.S. inflation rate more strongly and promptly than in most previous studies, because the flexible exchange rate system has introduced an additional channel of monetary impact, over and above the
提供机构:
美国国家经济研究局
创建时间:
1981-07-01
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