Reducing inflation: motivation and strategy


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In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss strategies for reducing inflation. The authors investigate both day-to-day issues in the conduct of monetary policy and fundamental reforms of monetary institutions. Using a wide range of data and analytical techniques, these papers seek to answer important questions about the wisdom and methods of reducing inflation. Section I explores inflation's effects and costs. Essays in this section ...

Reducing Inflation: Motivation and Strategy 1997, University of Chicago Press, Chicago, IL

ISBN-13: 9780226724843

2nd edition