What is the Inflation Bias in monetary policy and what causes it? How might Central Banks overcome

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What is the Inflation Bias in monetary policy and what causes it? How might Central Banks overcome the Inflation Bias?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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Posted Date: May 15, 2024 11:41 PM

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What is the Inflation Bias in monetary policy and what causes it? How might Central Banks overcome

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The inflation bias in monetary policy refers to a situation where central banks tend to prioritize maintaining low unemployment over controlling infla... View the full answer

Economics

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