Home > Macroeconomia > Natural Rate (PIIE)

Natural Rate (PIIE)

Should we reject the natural rate hypothesis? by Olivier Blanchard published by PIIE (11/2017). “Fifty ears ago, Milton Friedman articulated the natural rate hypothesis. It was composed of two sub-hypotheses: First, the natural rate of unemployment is independent of monetary policy. Second, there is no long-run tradeoff between the deviation of unemployment from the natural rate inflation…”

Verificar em: 

Postagens Relacionadas