Difference between revisions of "Inside lag"
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==Definition== | ==Definition== | ||
Latest revision as of 17:07, 2 July 2020
Inside lag is the time between a shock hitting the economy and the policy action taken to respond to the shock. (Cf. outside lag.)
Definition
According to Macroeconomics by Mankiw (7th edition),
- Inside lag. The time between a shock hitting the economy and the policy action taken to respond to the shock. (Cf. outside lag.)
