Browsing Penger og Kreditt / Economic Bulletin by Author "McCaw, Sharon"
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Monetary Policy and the Trade-Off Between Inflation and Output Variability
McCaw, Sharon; Morka, Kjersti Haare (Journal article, 2005)This article explores the consequences of various approaches to the conduct of monetary policy. A small, calibrated model of the Norwegian economy is used, which highlights the short-run trade-off between stabilising ...