Join our mailing list!

Official PayPal Seal

(Your shopping cart is empty)

  Home > Diane Publishing Books >

What Difference Would an Inflation Target Make?: A Reprint from the Journal, “Economic Quarterly”
Critics of an explicit inflation target argue that

Our Price: $15.00
By Robert L. Hetzel (au)
Year: 2005
Pages: 27
Binding Paperback

Product Code: 1422313360

Critics of an explicit inflation target argue that it would require additional fluctuations in real output & unemployment. Author Robert L. Hetzel argues that theory & practice have shown this alleged dilemma to be a false one. However, an inflation target would demand more communication. The Federal Reserve would need to place an inflation target in the context of a policy rule that explains the strategy for achieving it. It would also need to communicate a model of the economy that clarifies the tradeoffs faced by monetary policymakers. Illustrations.

Share your knowledge of this product with other customers... Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
 About Us
 Become an Affiliate
 Privacy Policy
 Send Us Feedback
Company Info | Advertising | Product Index | Category Index | Help | Terms of Use
Copyright � 2004 Diane Publishing Company. All Rights Reserved.
Built with Volusion