haku: @indexterm UNEMPLOYMENT / yhteensä: 1236
viite: 135 / 1236
| Tekijä: | Ruge-Murcia, F. J. |
| Otsikko: | A prudent central banker |
| Lehti: | IMF Staff papers
2002 : VOL. 49:3, p. 456-469 |
| Asiasana: | Central banks Inflation Unemployment |
| Kieli: | eng |
| Tiivistelmä: | It is shown that prudence with respect to inflation (unemployment) reduces (increases) equilibrium inflation. The overall effect depends on the relative magnitude of the preference parameters and the conditional variances of inflation and unemployment. The implications of the model are examined using cross-section data from OECD countries. |
SCIMA