Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/202452 
Year of Publication: 
2018
Series/Report no.: 
Research Report No. 2018-4
Publisher: 
The University of Western Ontario, Department of Economics, London (Ontario)
Abstract: 
Friedman's Presidential Address was about "The Role of Monetary Policy". Its famous discussion of inflation-unemployment inter-relationships was subservient to this broader topic. The program it promoted influenced monetary policy in the '70s and early '80s with mixed results, but enough of it survived to be a clearly visible influence on today's inflation-targeting regimes.
JEL: 
B22
B 31
E31
E52
Document Type: 
Working Paper

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