| Description |
1 online resource (x, 360 pages) |
| Series |
A National Bureau of Economic Research conference report |
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Conference report (National Bureau of Economic Research)
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| Contents |
Capital income taxes and the benefit of price stability / Martin Feldstein -- Price stability versus low inflation in Germany: an analysis of costs and benefits / Karl-Heinz Tödter and Gerhard Ziebarth -- A cost-benefit analysis of going from low inflation to price stability in Spain / Juan J. Dolado, José M. González-Páramo, and José Viñals -- Some costs and benefits of price stability in the United Kingdom / Hasan Bakhshi, Andrew G. Haldane, and Neal Hatch -- Inflation and the user cost of capital: does inflation still matter? / Darrel Cohen, Kevin A. Hassett, and R. Glenn Hubbard -- Excess capital flows and the burden of inflation in open economies / Mihir A. Desai and James R. Hines Jr. -- Identifying inflation's grease and sand effects in the labor market / Erica L. Groshen and Mark E. Schweitzer -- Does inflation harm economic growth? evidence from the OECD / Javier Andrés and Ignacio Hernando |
| Summary |
In recent years, the Federal Reserve and central banks worldwide have enjoyed remarkable success in their battle against inflation. The challenge now confronting the Fed and its counterparts is how to proceed in this newly benign economic environment: Should monetary policy seek to maintain a rate of low-level inflation or eliminate inflation altogether in an effort to attain full price stability? In a seminal article published in 1997, Martin Feldstein developed a framework for calculating the gains in economic welfare that might result from a move from a low level of inflation t |
| Analysis |
Precios Política y gobierno Congresos, conferencias, etc |
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Regulación de los precios Congresos, conferencias, etc |
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Inflacción (Finanzas) Congresos, conferencias, etc |
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Política monetaria Congresos, conferencias, etc |
| Notes |
Papers presented at a NBER conference held at the Federal Reserve Bank of New York on Feb. 20-21, 1997 |
| Bibliography |
Includes bibliographical references and indexes |
| Notes |
English |
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Print version record |
| Subject |
Prices -- Government policy -- Congresses
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Price regulation -- Congresses
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Monetary policy -- Congresses
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Inflation (Finance) -- Congresses
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Prices -- Government policy -- Congresses
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Price regulation -- Congresses
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Monetary policy -- Congresses
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Inflation (Finance) -- Congresses
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BUSINESS & ECONOMICS -- Economics -- Microeconomics.
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Inflation (Finance)
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Monetary policy
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Price regulation
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Prices -- Government policy
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Prijstheorie.
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Monetaire politiek.
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Inflatie.
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| Genre/Form |
proceedings (reports)
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Conference papers and proceedings
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Conference papers and proceedings.
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Actes de congrès.
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| Form |
Electronic book
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| Author |
Feldstein, Martin S.
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| ISBN |
9780226241760 |
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0226241769 |
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1281223379 |
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9781281223371 |
|
9786611223373 |
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6611223371 |
|
