Capacity Constraints, Inflation and the Transmission Mechanism: Forward-Looking Versus Myopic Policy Rules
August 1, 1995
Preview Citation
Format: Chicago
Summary
Subject: Capacity utilization, Financial services, Inflation, Output gap, Potential output, Prices, Production, Real interest rates
Keywords: Aggregate demand, Capacity utilization, Demand shock, Global, High-inflation period, Inflation, Inflation expectation, Inflation pressure, Monetary policy, Output gap, Output-inflation process, Phillips curve, Potential output, Reaction function, Real interest rates, WP
Publication Details
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Pages:
42
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 1995/075
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Stock No:
WPIEA0751995
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ISBN:
9781451849677
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ISSN:
1018-5941