Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "biais inflationniste"

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  • The Inflation Bias When the Central Bank Targets, the Natural Rate of Unemployment 

    Ruge-Murcia, Francisco (Université de Montréal. Département de sciences économiques., 2001)
    This paper studies the proposition that an inflation bias can arise in a setup where a central banker with asymmetric preferences targets the natural unemployment rate. Preferences are asymmetric in the sense that positive unemployment deviations from ...