Monetarism is the theory that the proper control of a country's monetary supply is the primary determinant of that country's economic health and stability. Monetarism is based on the quantity ...
Annals of Economics and Statistics, No. 145 (March 2022), pp. 5-28 (24 pages) I present a New Keynesian model in which the central bank’s anti-inflationary preferences change over time. Agents do not ...
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