How Inflation Affects Macroeconomic Performance: An Agent-Based Computational Investigation
收藏NBER2012-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18225
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资源简介：
We use an agent-based computational approach to show how inflation can worsen macroeconomic performance by disrupting the mechanism of exchange in a decentralized market economy. We find that increasing the trend rate of inflation above 3 percent has a substantial deleterious effect, but lowering it
提供机构：
美国国家经济研究局
创建时间：
2012-07-01
