An alternative view of disinflation is as follows: if the change in monetary policy is credible, expectation formation may change, leading to a smaller increase in unemployment than predicted by the traditional approach.
An alternative view of disinflation is as follows: if the change in monetary policy is credible, expectation formation may change, leading to a smaller increase in unemployment than predicted by the traditional approach.
通货紧缩的另一种观点如下：如果货币政策的变动是可信的，预期的形成是可以改变的，通过通用方法导致了与预期的失业相比有一个较小幅度的增长。