THE FEDERAL RESERVE'S DUAL MANDATE AND THE INFLATION‐UNEMPLOYMENT TRADEOFF.

Using Federal Open Market Committee (FOMC) transcripts from 1960 to 2010, this paper examines the evolution of the Committee's approach to the inflation‐unemployment tradeoff. We find: (1) FOMC discussions have increasingly emphasized inflation relative to unemployment and (2) this shift occurred du...

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Detalles Bibliográficos

Publicado en:	Contemporary Economic Policy Vol. 37; no. 4; pp. 641 - 652
Autores principales:	Kaya, Ayse, Golub, Stephen, Kuperberg, Mark, Lin, Feng
Formato:	Artículo
Publicado:	Wiley-Blackwell Oct2019
Materias:	United States. Federal Open Market Committee Federal funds market (U.S.) Taylor's rule
Acceso en línea:	Ver este registro en EBSCOhost