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Fisherian and Wicksellian price-stabilization models in the history of monetary thought

Thomas M. Humphrey

Economic Review, 1990, issue May, 3-12

Abstract: The policy models of Irving Fisher and Knut Wicksell posit rules by which central banks can stabilize general prices at a fixed target level over time. Wicksells model, however, requires some adjustment before it can deliver price stability.

Keywords: Inflation (Finance); Monetary policy (search for similar items in EconPapers)
Date: 1990
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Citations: View citations in EconPapers (3)

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