Micro Data On Nominal Rigidity Inflation Persistence And Optimal Monetary Policy
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Micro Data on Nominal Rigidity, Inflation Persistence and Optimal Monetary Policy
Author | : Engin Kara |
Publisher | : |
Total Pages | : 40 |
Release | : 2009 |
Genre | : |
ISBN | : |
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The form of bounded rationality characterizing the representative agent is key in the choice of the optimal monetary policy regime. While inflation targeting pr