The case for zero inflation

William Gavin () and Alan Stockman

Economic Commentary, 1988, issue Sep

Abstract: An argument that a monetary policy aimed at eliminating long-run inflation would benefit society by removing price distortion, increasing economic growth, adding liquidity to the economy, and reducing uncertainty associated with price-level drift.

Keywords: Inflation; (Finance) (search for similar items in EconPapers)
Date: 1988
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