Price stability versus low inflation in Germany: An analysis of costs and benefits
Autor: | Tödter, Karl-Heinz, Ziebarth, Gerhard |
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Jazyk: | angličtina |
Rok vydání: | 1997 |
Předmět: | |
Popis: | This study empirically investigates for the case of Germany the following question, recently posed by Feldstein (1996): "lf the true and fully anticipated rate of inflation has stabilized at a low level, i.e. two per cent, is the gain from reducing inflation to zero worth the sacrifice in output and employment that would be required to achieve it?" ... |
Databáze: | OpenAIRE |
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