Solving the tradeoff between inflation and financial stability is difficult because standard macro models do not capture well the costs of inflation.
Why Do People Dislike Inflation? Using Shiller's Findings to Revamp Inflation Models
Why Do People Dislike Inflation? Using…
Why Do People Dislike Inflation? Using Shiller's Findings to Revamp Inflation Models
Solving the tradeoff between inflation and financial stability is difficult because standard macro models do not capture well the costs of inflation.