Changes in the Federal Reserve's Inflation Target: Causes and Consequences
收藏NBER2006-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12492
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资源简介：
This paper estimates a New Keynesian model to draw inferences about the behavior of the Federal Reserve's unobserved inflation target. The results indicate that the target rose from 1 1/4 percent in 1959 to over 8 percent in the mid-to-late 1970s before falling back below 2 1/2 percent in 2004. The
提供机构：
美国国家经济研究局
创建时间：
2006-08-01
