On Quality Bias and Inflation Targets
收藏NBER2009-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w15505
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资源简介:
A policy issue central banks are confronted with is whether inflation targets should be adjusted to account for the systematic upward bias in measured inflation due to quality improvements in consumption goods. We show that in the context of a Ramsey equilibrium the answer to this question depends
提供机构:
美国国家经济研究局
创建时间:
2009-11-01



