Hitting the Elusive Inflation Target
收藏NBER2019-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w26279
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资源简介:
Since the 2001 recession, average core inflation has been below the Federal Reserve's 2% target. This deflationary bias is a predictable consequence of a symmetric monetary policy strategy that fails to recognize the risk of encountering the zero-lower-bound. An asymmetric rule according to which
提供机构:
美国国家经济研究局
创建时间:
2019-09-01



