Hitting the Elusive Inflation Target
NBER Working Paper No. 26279
---- Acknowledgments ----
We thank Marco Bassetto, Gadi Barlevy, Richard Clarida, Charlie Evans, Jonas Fisher, and Spencer Krane for their very helpful suggestions. We thank the seminar participants at various institutions and conferences for useful comments. The views in this paper are solely those of the authors and should not be interpreted as reflecting the views of the Federal Reserve Bank of Chicago, any other person associated with the Federal Reserve System, or the National Bureau of Economic Research.