The Short-Run Dynamics of Long-Run Inflation Policy
用一种可对简单VAR做结构性解释的方法,考察通胀政策对实际产出的短期和长期影响,适合关注通胀目标制与产出关系的宏观学者。
An examination of the short- and long-term implications of an inflation policy on real output, using a method that allows structural interpretation of a simple VAR applied to a macroeconomic system that includes real output and inflation.