The equilibrium rate of inflation with discretion and some reputation
A review is undertaken of the large amount of literature dealing with the potential implications for the equilibrium inflation rate of allowing governments complete discretion with their use of monetary policy. This is a comparatively new body of literature. An analysis is attempted of the ultimate...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10635 |