为什么稳定价格水平的规则可能优于零通胀规则

Why a Rule for Stable Prices May Dominate a Rule for Zero Inflation

Econometric Reviews · 1988
被引 8
人大 A-ABS 3

中文导读

分析了即使从纯经济角度看零通胀规则更优,指定稳定价格水平的货币政策规则仍可能优于允许价格水平漂移的零通胀规则。

Abstract

An analysis of how a rule for monetary policy specifying a stable price level may dominate a rule for zero inflation with price-level drift, even in the case where, for purely economic reasons, an inflation rule is preferred.

稳定物价规则零通胀规则物价水平漂移货币政策规则