摘要 : The credibility problems of monetary policy are enlarged by transmission lags whenever the welfare criterion consists of arguments with differing transmission lags. If, as usually argued, prices react to monetary policy with a lon... 展开
作者 | Juha Kilponen Kai Leitemo |
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作者单位 | |
期刊名称 | 《Journal of Economic Dynamics and Control》 |
页码/总页数 | p.565-578 / 14 |
语种 | 英语 |
关键词 | discretion and stabilization bias monetary policy transmission lags inflation targeting money targeting |
DOI | 10.1016/j.jedc.2010.12.011 |
馆藏号 | F-112 |