Does Stabilizing Inflation Contribute To Stabilizing Economic Activity?

Frederic Mishkin ()

No 13970, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper discusses recent economic research that demonstrates that the objectives of price stability and stabilizing economic activity are often likely to be mutually reinforcing. Thus, the answer to the title of this paper--"Does stabilizing inflation contribute to stabilizing economic activity?"--is, for the most part, yes.

JEL-codes: E31 E32 E52 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
Date: 2008-05
Note: EFG ME
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