The case for \\"inflation first\\" monetary policy

Daniel Thornton

Economic Synopses, 2009, No 47

Abstract: Policymakers should not think of price stability and economic stability as competing objectives but as complements - the best way to achieve the latter is to be firmly committed to achieving the former.

Keywords: Monetary policy - United States; Inflation (Finance) (search for similar items in EconPapers)
Date: 2009
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