Controversies on the Central Bank Main Objective of Price Stability

Vasile Cocris and Bogdan Capraru

Theoretical and Applied Economics, 2008, vol. 9(526), issue 9(526), 11-20

Abstract: In the present study we propose a critical approach to the concept of price stability. In the beginning we have considered a literature review regarding price stability issues. After that we have discussed about its implications in central banking and economy. Also, according to the statutes of 128 countries, we have done a statistical study of central banks in the light of the chosen statutory objective.

Keywords: price stability; central bank; final objective; implications; monetary policy. (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:9(526):y:2008:i:9(526):p:11-20

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