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Monetary Policy and Inflation in the 70s

✍ Scribed by FABRICE COLLARD; HARRIS DELLAS


Book ID
109146940
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
178 KB
Volume
40
Category
Article
ISSN
0022-2879

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## Abstract We examine how inflation and the costs associated with disinflation episodes are related to monetary policy transparency. We develop a simple model that demonstrates how transparency may result in lower inflation. Our empirical results show that in general, transparency may be associate