Crítica a las políticas de Bernanke

Debate Brad Delong aca y aca. Daniel Kuehn comenta Tim Duy

Is higher inflation really the answer?:

A lot of people, including those who favor NGDP targeting, want the Fed to raise the rate of inflation; at least, temporarily. Three questions immediately come to mind: [1] What is the theoretical mechanism linking economic prosperity to the rate at which nominal prices rise; [2] Exactly how is the Fed, given the tools at its disposal, supposed to generate higher inflation under current economic circumstances; and [3] What is the evidence to support the belief that more inflation will reduce unemployment (or increase real GDP)?


Brad DeLong vs James Hamilton. Scott Sumner critica a Hamilton. Opinion de Bill Woolsey. James Hamilton responde