How severe is the time inconsistency problem in monetary policy?

How severe is the time inconsistency problem in monetary policy?

Bibliographic Details
Main Author: Albanesi, Stefania
Other Authors: Chari, V.V, Christiano, Lawrence J.
Format: Book
Language:English
Published: Cambridge National Bureau of Economic Research 2001.
Series:NBER working paper series no. 8139
Subjects:
Monetary policy > Econometric models.
Inflation (Finance) > Econometric models.
Money supply > Econometric models.