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...

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Bibliografiska uppgifter
Huvudupphovsman: Imam, Patrick
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/191
Länkar:Full text available on IMF