What Determines the Sacrifice Ratio?

Laurence Ball
Published Date
Copyright 1994
ISBN 0-226-50308-9
Book: Monetary Policy
Book editor: N. Gregory Mankiw
PUBLISHER: The University of Chicago Press
Series: Studies in Business Cycles
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Topics

Macroeconomics
Business Cycles

Published From Paper

What Determines the Sacrifice Ratio?
- Working Paper
This paper investigates the determinants of the "sacrifice ratio" for disinflation: the ratio of the loss in output to...

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