The Possible Unemployment Cost of Average Inflation below a Credible Target
    Published Date 
  
  
    Copyright 2015
  
   
    DOI 10.1257/mac.20130176
  
                  You may be able to download this chapter for free via the Document Object Identifier.
- 
      Copy CitationLars E. O. Svensson, Lessons from the Financial Crisis for Monetary Policy (American Economic Journal: Macroeconomics, Volume 7, no. 1, 2013), chap. 8, https://www.nber.org/books-and-chapters/lessons-financial-crisis-monetary-policy/possible-unemployment-cost-average-inflation-below-credible-target.
 
Related
Published From Paper
              
                     - 
                    Working Paper
          
  
  
  
  
  
  
  
  
  
      If inflation expectations become firmly anchored at the inflation target even when average inflation deviates from the...