Issing, Otmar - In: ifo DICE report 15 (2017) 1, pp. 19-20
marked a period in which inflation came down from rather high levels. Growth and employment were at least satisfying and …Over decades, if not centuries, the reputation of central banks has gone through ups and downs. The Great Moderation … exogenous shocks (Stock and Watson 2003); or did it stem from improved macro policies, especially monetary policy (Romer and …