Discussion of "Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation"
Michael D. Bordo, Athanasios Orphanides
This chapter is a preliminary draft unless otherwise noted. It may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.
Chapter in forthcoming NBER book The Great Inflation: The Rebirth of Modern Central Banking, Michael D. Bordo and Athanasios Orphanides, editors
This paper was revised on March 7, 2012