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Type: BOOK - Published: 2007-12-01 - Publisher: University of Chicago Press
In recent years, the Federal Reserve and central banks worldwide have enjoyed remarkable success in their battle against inflation. The challenge now confrontin
Language: en
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"This paper evaluates the welfare gain from achieving price stability and compares it to the cost of the transition. In calculating the gain from price stabilit
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Type: BOOK - Published: 2007-12-01 - Publisher: University of Chicago Press
While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume
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Pages: 18
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