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Monetary policy / Money / Unemployment / Economic theories / Disinflation / Natural rate of unemployment / Interest rate / Keynesian economics / Potential output / Economics / Inflation / Macroeconomics


Discussion of ”The Decline of Activist Stabilization Policy: Natural Rate Misperceptions , Learning and Expectations” by Orphanides and Williams The main objective of the paper is to evaluate the effects of natural
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Document Date: 2004-05-03 10:21:22

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File Size: 61,09 KB

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Company

Central Bank Strategy / MIT Press / Economic Review / /

IndustryTerm

bank conservativeness affects policy outcomes / oil shocks / bank conservativeness / /

Organization

Bank of Israel / MIT / US Federal Reserve / /

Person

Econometrica / /

Position

structural neo Keynesian model of the economy / /

URL

http /

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