Globalization and Disinflation: A NoteAssaf Razin
NBER Working Paper No. 10954 The note analyzes how globalization forces induce monetary authorities, guided in their policies by the welfare criterion of a representative household, to put greater emphasis on reducing the inflation rate than on narrowing the output gaps.
Machine-readable bibliographic record - MARC, RIS, BibTeX Document Object Identifier (DOI): 10.3386/w10954 Users who downloaded this paper also downloaded* these:
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