The Central Bank's Dilemma: Look Through Supply Shocks or Control Inflation Expectations?
收藏NBER2023-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31741
下载链接
链接失效反馈官方服务：
资源简介：
When countries are hit by supply shocks, central banks often face the dilemma of either looking through such shocks or reacting to them to ensure that inflation expectations remain anchored. In this paper, we propose a tractable framework to capture this dilemma and explore optimal policy under a
提供机构：
美国国家经济研究局
创建时间：
2023-10-01
