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~institution:"Federal Reserve Bank of San Francisco"
~person:"Christiano, Lawrence J."
~subject:"Inflation (Finance)"
~subject:"Schätzung"
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Expectations, traps and discretion
Chari, V.V.
;
Christiano, Lawrence J.
;
Eichenbaum, Martin
-
Federal Reserve Bank of San Francisco
-
1996
We argue that discretionary monetary policy exposes the
economy
to welfare-decreasing instability. It does so by …
Persistent link: https://www.econbiz.de/10005401592
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