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What has become of the `stability-through-inflation' argument?
- Source :
-
Review (00149187) . Jan/Feb98, Vol. 80 Issue 1, p37. 9p. 6 Graphs. - Publication Year :
- 1998
-
Abstract
- Examines the status of a well known argument for a positive rate of steady state inflation. Illustration of the argument for stability through inflation by Vickrey (1954) and Phelps (1972); Summary of the rational expectations solution.
- Subjects :
- *PRICE inflation
Subjects
Details
- Language :
- English
- ISSN :
- 00149187
- Volume :
- 80
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Review (00149187)
- Publication Type :
- Academic Journal
- Accession number :
- 669048