Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10003414509
Persistent link: https://www.econbiz.de/10008841143
During financial crises central banks usually decrease interest rates in order to reduce financial uncertainty. This behavior increases inflation risk. The trade-off between inflation and uncertainty stabilization can be modeled by the generalized Taylor rule, which describes inflation...
Persistent link: https://www.econbiz.de/10009580165