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The Costs and Benefits of Price Stability
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Pages: 374
Authors: Martin Feldstein
Categories: Business & Economics
Type: BOOK - Published: 2007-12-01 - Publisher: University of Chicago Press

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In recent years, the Federal Reserve and central banks worldwide have enjoyed remarkable success in their battle against inflation. The challenge now confrontin
Reducing Inflation
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Type: BOOK - Published: 2007-12-01 - Publisher: University of Chicago Press

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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
Inflation Expectations
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Authors: Peter J. N. Sinclair
Categories: Business & Economics
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Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
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This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer
Cost-Benefit Analysis of Leaning Against the Wind
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“Leaning against the wind” (LAW) with a higher monetary policy interest rate may have benefits in terms of lower real debt growth and associated lower proba