Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17863
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dc.creatorKirsanova, Tatiana-
dc.creatorVines, David-
dc.creatorWren-Lewis, Simon-
dc.date2007-
dc.date.accessioned2013-10-16T06:57:06Z-
dc.date.available2013-10-16T06:57:06Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/17863-
dc.identifierppn:534972985-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/17863-
dc.descriptionIn this paper we present two examples where the presence of inflation persistence could influence the qualitative nature of monetary policy. In the first case the desirability of a monetary policy regime comes under question when extensive inflation persistence exists. In the second case the direction in which interest rates move following a cost push shock changes when inflation persistence becomes important. In both cases, inflation persistence is central to the process influencing policy.-
dc.languageeng-
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relationKieler Arbeitspapiere 1351-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectE63-
dc.subjectE61-
dc.subjectE52-
dc.subjectddc:330-
dc.subjectInflation Persistence-
dc.subjectMacroeconomic Stabilisation-
dc.titleWhen Inflation Persistence Really Matters: Two examples-
dc.typedoc-type:workingPaper-
Appears in Collections:EconStor

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