Price Level Targeting vs. Inflation Targeting: A Free Lunch?
收藏NBER1996-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5719
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资源简介：
Price level targeting (without base drift) and inflation targeting (with base drift) are compared under commitment and discretion, with persistence in unemployment. Price level targeting is often said to imply more short-run inflation variability and thereby more employment variability than
提供机构：
美国国家经济研究局
创建时间：
1996-08-01
