Christoffel, Kai; Küster, Keith; Linzert, Tobias - 2009
and output fluctuations. In sum, the paper supports current central bank practice which appears to put considerable effort …-relevant gap. Still, reacting to (welfare-relevant) output gaps may be difficult to engineer in actual
policy-making;, see, e … bargaining
process as a significant contributor to inflation and output fluctuations. In sum, the
paper supports current …