Anchors Away: How Fiscal Policy Can Undermine the Taylor Principle
NBER Working Paper No. 15514
---- Acknowledgements ----
Prepared for the Banco Central de Chile's 13th Annual Conference, November 19 and 20, 2009. I thank Todd Walker for many insightful conversations. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.