Contracts, Credibility, and Disinflation
收藏NBER1984-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1339
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Estimates of the cost of disinflation made before the recent reduction in the inflation rate varied widely. Estimates were made in terms of the sacrifice ratio -- the percentage points of GNP at an annual rate lost per percentage point reduction in the inflation rate. At one extreme it was argued
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美国国家经济研究局创建时间：
1984-04-01
