Inflation uncertainty and unemployment uncertainty: Why transparency about monetary policy targets matters
Autor: | Marcelo Sánchez |
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Rok vydání: | 2012 |
Předmět: | |
Zdroj: | Economics Letters. 117:119-122 |
ISSN: | 0165-1765 |
Popis: | Disclosure of monetary policy targets reduces unemployment uncertainty at the expense of higher inflation uncertainty, thereby posing a dilemma for monetary policymakers. |
Databáze: | OpenAIRE |
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