Monetary Policy Mistakes and the Evolution of Inflation Expectations
Chapter in NBER book The Great Inflation: The Rebirth of Modern Central Banking (2013), Michael D. Bordo and Athanasios Orphanides, editors (p. 255 - 288)
---- Acknowledgments ----
---- Disclosure of Financial Relationships for Athanasios Orphanides ----
The author was governor of the Central Bank of Cyprus when this paper was written.
---- Disclosure of Financial Relationships for John C. Williams ----
I was an employee of the Federal Reserve Bank of San Francisco and Stanford University during the preparation of this paper. I received no outside funding for this work.