美联储:通货膨胀动态对货币政策策略的影响(英文版)
美联储:通货膨胀动态对货币政策策略的影响(英文版).pdf |
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资源简介
This paper considers robust monetary policy strategies both in situations of low demand and low inflation and when economic developments pose a tradeoff between inflation and output stabilization. We proceed in two parts. First, our quantitative analysis suggests that asymmetric average inflation targeting can provide modest benefits over other inflation-targeting strategies when the risks associated with the effective lower bound remain significant. Second, motivated by the recent experience
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