Does Stabilizing Inflation Contribute To Stabilizing Economic Activity?
NBER Working Paper No. 13970
---- Acknowledgements -----
Based on a speech at East Carolina University, Greenville, North Carolina, February 25, 2008. I would like to thank Michael Kiley and Thomas Laubach for assistance and helpful comments. The views expressed here are my own and are not necessarily those of the Board of Governors of the Federal Reserve, the Federal Reserve System, or the National Bureau of Economic Research.