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perspective on the linkages among monetary policy, inflation, and the business cycle. It is argued that the adoption of an …
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This paper evaluates new evidence on price setting practices and inflation persistence in the euro area with respect to …
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This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate … for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of … inflation-targeting policies. New material includes labor and financial market frictions, the zero lower bound on nominal …
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