The Great Inflation in the United States and the United Kingdom: Reconciling Policy Decisions and Data Outcomes
收藏NBER2009-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14895
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资源简介：
We argue that the Great Inflation experienced by both the United Kingdom and the United States in the 1970s has an explanation valid for both countries. The explanation does not appeal to common shocks or to exchange rate linkages, but to the common doctrine underlying the systematic monetary policy
提供机构：
美国国家经济研究局
创建时间：
2009-04-01
