Central Bank Review ABSTRACT Many central banks target an inflation ra - PDF document

Download presentation

Presentation on theme: " Central Bank Review ABSTRACT Many central banks target an inflation ra"— Presentation transcript

pdf

By: min-jolicoeur

Type: Public

Download Section

Download Pdf - The PPT/PDF document " Central Bank Review ABSTRACT M..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.

Please download the presentation after appearing the download area.

Central Bank Review ABSTRACT Many central banks target an inflation ra - Description

This essay argues that policymakers would do better to target four percent inflation A four percent target would ease the constraints on monetary policy arising from the zero bound on interest rates with the result that economic downturns would be l ID: 4267 Download Pdf