Hofstetter Gascón, Marcel (contributor) - 2004 - [Elektronische Ressource]
allows for long-lived effects and inflation inertia when measuring costs of
disinflations, large sacrifice ratios are obtained … recent inflation history— can explain that fortunate result. Moreover, it is shown that
LAC episodes exhibit a larger speed … LAC’s.
Keywords: Inflation, Growth, Disinflation costs.
JEL Classifications: E31, E32, E52, F43 and E00
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