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...
| প্রধান লেখক: | , |
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| বিন্যাস: | গ্রন্থ |
| ভাষা: | English |
| প্রকাশিত: |
Cambridge
National Bureau of Economic Research
2001.
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| মালা: | NBER working paper series
no. 8423 |
| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | Download full text here |