Last year, and probably other times, I pointed out some rather perverse outcomes of targeting headline inflation that includes things …

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It’s been three weeks since my last post and it really doesn’t seem so long. In the meantime, we’ve had …

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When I read Scott Sumner’s latest post, used to respond to some points made by Michael Hatcher about NGDP targeting, …

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Scott Sumner pointed out a new paper by Ricardo Reis, explaining that it is a demand side approach to monetary …

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