The Welfare Cost of Permanent Inflation and Optimal Short-Run Economic Policy
收藏NBER1977-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0201
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At a minimum, this paper should serve as a warning against too easy an acceptance of the view that the costs of sustained inflation are small relative to the costs of unemployment. If a temporary reduction in unemployment causes a permanent increase in inflation, the present value of the resulting
提供机构:
美国国家经济研究局
创建时间:
1977-09-01



