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important source of uncertainty is the relationship between inflation and unemployment. This paper studies the optimal monetary … policy in the presence of uncertainty about the natural unemployment rate, the short-run inflation-unemployment tradeoff and …
Persistent link: https://www.econbiz.de/10014087550
important source of uncertainty is the relationship between inflation and unemployment. This paper studies the optimal monetary … policy in the presence of uncertainty about the natural unemployment rate, the short-run inflation-unemployment tradeoff and …
Persistent link: https://www.econbiz.de/10009765348
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-run concept like the natural rate of unemployment. We examine what effect uncertainty has on the use of NAIRU in policy …
Persistent link: https://www.econbiz.de/10013231562
-run concept like the natural rate of unemployment. We examine what effect uncertainty has on the use of NAIRU in policy …
Persistent link: https://www.econbiz.de/10012470871