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Measuring the time-inconsistency of US monetary policy
Surico, Paolo - 2003
This paper offers an alternative explanation for the behavior of postwar US inflation by measuring a novel source of monetary policy time-inconsistency due to Cukierman (2002). In the presence of asymmetric preferences, the monetary authorities end up generating a systematic inflation bias...
Persistent link: https://www.econbiz.de/10009635891
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Governance structures and the durability of economic reforms : evidence from inflation stabilizations
Ball, Richard; Rausser, Gordon C. - 1993
Persistent link: https://www.econbiz.de/10000885204
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Monetary policy and inflation in the 1980s : a personal view
Feldstein, Martin S. - 1993
Persistent link: https://www.econbiz.de/10000860499
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The distribution of unemployment : a case study of the disproportionate effect of monetary policy on the Tennessee Valley
Springer, Randy A. - 1990
Persistent link: https://www.econbiz.de/10000865929
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Stabilization in high inflation countries : analytical foundations and recent experience
Helpman, Elhanan; Leiderman, Leonardo - 1987
Persistent link: https://www.econbiz.de/10000725380
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Experiences with extreme monetary instability
Dornbusch, Rudiger - 1990
Persistent link: https://www.econbiz.de/10000798832
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M2 per unit of potential GNP as an anchor for the price level
Hallman, Jeffrey John; Porter, Richard D.; Small, David H. - 1989
Persistent link: https://www.econbiz.de/10000777355
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Monetary policy and performance in the US, Japan and Europe, 1973 - 86
Fischer, Stanley - 1987
Persistent link: https://www.econbiz.de/10000764606