The relationship between the level and variability of inflation: Theory and evidence
强调非对称稳定政策在通胀水平与波动性正相关中的作用，构建理论模型并给出实证支持。
Abstract This paper emphasizes the role played by asymmetric stabilization policies in producing the widely reported positive association between the level and variability of inflation. A simple theoretical model is constructed which shows how asymmetric policies give rise to this association. The empirical findings presented provide support to the proposition that variations in inflation uncertainty are policy‐induced.