Showing 51 - 60 of 324
Persistent link: https://www.econbiz.de/10009548964
Persistent link: https://www.econbiz.de/10009528912
Persistent link: https://www.econbiz.de/10009245182
Persistent link: https://www.econbiz.de/10009245184
Persistent link: https://www.econbiz.de/10011399418
Persistent link: https://www.econbiz.de/10010517121
Persistent link: https://www.econbiz.de/10011429996
This paper considers the desirability of the observed tendency of central banks to adjust interest rates only gradually in response to changes in economic conditions. It shows, in the context of a simple model of optimizing private-sector behavior, that such inertial behavior on the part of the...
Persistent link: https://www.econbiz.de/10009768269
Persistent link: https://www.econbiz.de/10009748268
Persistent link: https://www.econbiz.de/10009748962