Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation
Chapter in NBER book The Great Inflation: The Rebirth of Modern Central Banking (2013), Michael D. Bordo and Athanasios Orphanides, editors (p. 217 - 244)
---- Acknowledgements ----
Andrew Levin is a federal employee; he did not receive any funding for this research, and he has no outside financial relationships.
John B. Taylor acknowledges research support for this project. from Stanford University, where he is a professor of economics, and from Stanford's Hoover Institution, where he is a senior fellow.