Monetary Policy without an Anchor
收藏NBER2025-11-01 更新2025-11-08 收录
下载链接：
https://www.nber.org/papers/w34436
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资源简介：
Policymakers often cite the risk that inflation expectations might de-anchor as a key reason for responding forcefully to inflationary shocks. We develop a model to analyze this trade-off and to quantify the benefits of stable long-run inflation expectations. In our framework, households and firms
提供机构：
美国国家经济研究局
创建时间：
2025-11-01
