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This paper discusses how price stability can be defined and how price stability can be maintained in practice. Some lessons for the Eurosystem are also considered. With regard to defining price stability, the choice between price-level stability and low (including zero) inflation and the...
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-market economies. The chapter discusses the history, macroeconomic effects, theory, practice, and future of inflation targeting …
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This paper discusses how price stability can be defined and how price stability can be maintained in practice. Some lessons for the Eurosystem are also considered. With regard to defining price stability, the choice between price-level stability and low (including zero) inflation and the...
Persistent link: https://www.econbiz.de/10014186890
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