The Costs and Benefits of Going from Low Inflation to Price Stability

Martin S. Feldstein
Published Date
Copyright 1997
ISBN 0-226-72484-0
Reducing Inflation
Book: Reducing Inflation: Motivation and Strategy
Book Editors: Christina D. Romer & David H. Romer
PUBLISHER: University of Chicago Press
Series: Studies in Business Cycles
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Topics

Macroeconomics
Monetary Policy
Fiscal Policy

Published From Paper

The Costs and Benefits of Going from Low Inflation to Price Stability
- Working Paper
This paper evaluates the welfare gain from achieving price stability and compares it to the cost of the transition....

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