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...
| Hovedforfatter: | |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2013/191 |
| Online adgang: | Full text available on IMF |