The case for price stability
Reasoning within the New Neoclassical Synthesis (NNS) we previously recommended that price stability should be the primary objective of monetary policy. We called this a neutral policy because it keeps output at its potential, defined as the outcome of an imperfectly competitive real business cycle...
Main Authors: | , |
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Resource Type: | Book |
Language: | English |
Published: |
Cambridge
National Bureau of Economic Research
2001.
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Series: | NBER working paper series
no. 8423 |
Subjects: | |
Online Access: | Download full text here |
Internet
Download full text hereSchool of Economics (UP Diliman)
Accession # | Call # | Volume/Part# | Copy # | Collection | Circulation Type | Circulation Status |
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SE062355 | HB 171 N38 no. 8423 | Regular Circulation | On-Shelf |