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Information, Monetary Policy, and the Inflation–Output Trade-Off
Ed Nosal and Guillaume Rocheteau
in Money, Payments, and Liquidity
- Published in print:
- 2011
- Published Online:
- August 2013
- ISBN:
- 9780262016285
- eISBN:
- 9780262298285
- Item type:
- chapter
- Publisher:
- The MIT Press
- DOI:
- 10.7551/mitpress/9780262016285.003.0007
- Subject:
- Economics and Finance, Econometrics
This chapter asks the question, “How does money affect output?” While money is neutral, it cannot be considered to be superneutral due to the real effects the changes in the rate of growth of money ... More
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