1. Capital Income Taxes and the Benefit of Price Stability
Martin Feldstein
2. Price Stability versus Low Inflation in Germany: An Analysis of Costs and Benefits
Karl-Heinz Todter and Gerhard Ziebarth
3. A Cost-Benefit Analysis of Going from Low Inflation to Price Stability in Spain
Juan J. Dolado, Jose M. Gonzalez-Paramo, and Jose Vinals
4. Some Costs and Benefits of Price Stability in the United Kingdom
Hasan Bakhshi, Andrew G. Haldane, and Neal Hatch
Comment on Chapters 2, 3, and 4: Andrew B. Abel
Comment on Chapters 2, 3, and 4: Rudiger Dornbusch
5. Inflation and the User Cost of Capital: Does Inflation Still Matter?
Darrel Cohen, Kevin A. Hassett, and R. Glenn Hubbard
Comment: Alan J. Auerbach
Discussion Summary
6. Excess Capital Flows and the Burden of Inflation in Open Economies
Mihir A. Desai and James R. Hines, Jr.
Comment: Jeffrey A. Frankel
Discussion Summary
7. Identifying Inflation's Grease and Sand Effects in the Labor Market
Erica L. Groshen and Mark E. Schweitzer
Discussion Summary
8. Does Inflation Harm Economic Growth? Evidence from the OECD
Javier Andres and Ignacio Hernando
Comment: Frederic S. Mishkin<
Discussion Summary