Economics, Econometrics and Finance
4 years ago

New insights on monetary policy could reshape economy and boost growth.

Cambridge University Press eBooks
New Perspectives on Monetary Policy, Inflation, and the Business Cycle
Jordi Galı́

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The article discusses new ideas about how monetary policy, inflation, and the business cycle are connected. By using a detailed, realistic model, researchers have found fresh insights that were not possible with older models.