Bullard, James Brian (contributor); Cho, In-Koo (contributor) - 2003 - [Elektronische Ressource], rev
Mitra (2002). We explore the prospects for the use of ‘large devi-
ation’ theory in this context, as employed by Sargent …’ theory as employed by Sargent (1999) and Cho,
Williams, and Sargent (2002) to generate these departures, or “escapes.”
We …. In many contexts in monetary theory, however, low
nominal interest rates are welfare-improving (see, for instance …