Shock from Graying : Is the Demographic Shift Weakening Monetary Policy Effectiveness /
Abstract Empirical evidence is mounting that, in advanced economies, changes in monetary policy have a more benign impact on the economy-given better anchored inflation expectations and inflation being less responsive to variation in unemployment-compared to the past. We examine another aspect that...
| Autor principal: | |
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2013/191 |
| Accés en línia: | Full text available on IMF |