Raise Rates to Raise Inflation? Neo-Fisherianism in the New Keynesian Model
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下载链接：
https://www.nber.org/papers/w22177
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资源简介：
Increasing the inflation target in a textbook New Keynesian (NK) model may require increasing, rather than decreasing, the nominal interest rate in the short run. We refer to this positive short run co-movement between the nominal interest rate and inflation conditional on a nominal shock as Neo
提供机构：
美国国家经济研究局
创建时间：
2016-04-01
