Inflation uncertainty and unemployment uncertainty: Why transparency about monetary policy targets matters

被引：5
|
作者：
Sanchez, Marcelo [1 ]
机构：
[1] European Cent Bank, D-60311 Frankfurt, Germany
来源：
ECONOMICS LETTERS | 2012年 / 117卷 / 01期
关键词：
Central bank transparency; Wage setting; Monetary policy targets; PERFORMANCE;
D O I：
10.1016/j.econlet.2012.05.008
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Disclosure of monetary policy targets reduces unemployment uncertainty at the expense of higher inflation uncertainty, thereby posing a dilemma for monetary policymakers. (C) 2012 Elsevier B.V. All rights reserved.
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页码：119 / 122
页数：4
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