the Barro-Ricardo equivalence, the cause of inflation, and the role of monetary policy. FF, throwing a different light on …

here primarily look at fiscal policy and sovereign risk perspectives, papers on the monetary policy and regulatory …

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …