The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation
收藏NBER2016-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22505
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资源简介：
A key policy question is: How high an inflation rate should central banks target? This depends crucially on the costs of inflation. An important concern is that high inflation will lead to inefficient price dispersion. Workhorse New Keynesian models imply that this cost of inflation is very large.
提供机构：
美国国家经济研究局
创建时间：
2016-08-01
