chunk1

ABSTRACT. Wagner holds that the many structural changes, which are associated with the globalization process, cause an increase in uncertainty surrounding monetary policy. Rogoff speculates that lower macroeconomic volatility has rationalized sharply higher prices for risky assets. Gavin claims that an important distinction between New Keynesian models and reality is the relative importance of long-run inflation uncertainty.

 

ION SUIU
 
 
 

Home | About Us | Events | Our Team | Contributors | Peer Reviewers | Editing Services | Books | Contact | Online Access

© 2009 Addleton Academic Publishers. All Rights Reserved.

 
Joomla templates by Joomlashine