Fuhrer, Jeffrey C. (contributor); … - 2002 - [Elektronische Ressource]
consumption Eulerequation to the whole economy, and
an inflation equation, which resembles an expectations-augmented Phillips … curve. The inflation
equation has been the subject of much empirical investigation, which, again, has focused on
the key … issue of the relative importance of expected future inflation versus past inflation in
determining current prices.
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In …