More Gray, More Volatile? : Aging and (Optimal) Monetary Policy /
The evidence on the inflation impact of aging is mixed, and there is no evidence regarding the volatility of inflation. Based on advanced economies' data and a DSGE-OLG model, we find that aging leads to downward pressure on inflation and higher inflation volatility. Our paper is also the first...
| Huvudupphovsman: | |
|---|---|
| Övriga upphovsmän: | |
| Materialtyp: | Tidskrift |
| Språk: | English |
| Publicerad: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2019/198 |
| Länkar: | Full text available on IMF |