The Unavoidability of Low Inflation–Low Output Traps

DOI10.1093/RESTUD/RDAC009zbMath1505.91256OpenAlexW4212843991MaRDI QIDQ5058203

Narayana R. Kocherlakota

Publication date: 19 December 2022

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdac009

zbMATH Keywords

multiple equilibriainflationoutputfirm exit/entry

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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