Role of Policymakers in Business Cycle Fluctuations
This book's central theme is that a policymaker's role is to enhance the public's ability to coordinate their price information, price expectations, and economic activities. Granato and Wong argue that inflation persistence is reduced when the public substitutes the prespecified inflation target for past inflation.
950,00DH
This book's central theme is that a policymaker's role is to enhance the public's ability to coordinate their price information, price expectations, and economic activities. Granato and Wong argue that inflation persistence is reduced when the public substitutes the prespecified inflation target for past inflation.
| ISBN / EAN | 9780521860161 |
|---|---|
| Auteur | Granato, Jim (University of Texas, Austin) |
| Editeur | Cambridge University Press |