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General Discussion
Author(s) -
Sharon Kozicki
Publication year - 1970
Publication title -
journal of periodontology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.036
H-Index - 156
eISSN - 1943-3670
pISSN - 0022-3492
DOI - 10.1902/jop.1970.41.4.232
Subject(s) - citation , computer science , information retrieval , world wide web
One result from a rather large literature on optimal monetary policy is that central bankers can obtain better outcomes on average if they have a good understanding of what determines economic behaviour and, importantly, inflation dynamics. For instance, after a shock, policy responses to bring inflation back to its target within a given horizon may depend on the persistence of inflation—more persistent inflation may require more aggressive policy.