The Costs and Benefits of Price Stability 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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Feldstein, Martin S. 編作者

University Of Chicago Press

譯者

1999-6-1 出版日期

370 頁數

USD 75.00 價格

Hardcover

叢書系列

9780226240992 圖書編碼

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發表於2024-11-09

The Costs and Benefits of Price Stability 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

The Costs and Benefits of Price Stability 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

The Costs and Benefits of Price Stability 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

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The Costs and Benefits of Price Stability 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

The Costs and Benefits of Price Stability 在線電子書圖書描述

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 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 to full price stability. This volume extends that analysis, focusing on the likely costs and benefits of achieving price stability not only in the United States, but in Germany, Spain and the United Kingdom. The results show that even small changes in already low inflation rates can have a substantial impact on the economic performance of different countries, and that variations in national tax rules can affect the level of gain from disinflation.

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