Orphanides, Athanasios (contributor); … - 2002 - [Elektronische Ressource]
its existing
level in response to inflation and changes in economic activity. These rules do not require
knowledge of the ….
Keywords: Inflation targeting, policy rules, natural rate of unemployment, natural rate
of interest, misperceptions.
JEL Classi … rate of inflation and full employment by
adjusting its short-term interest rate instrument|in the United States, the …