Inflation

John Mills

Chapter 8 in Managing the World Economy, 2000, pp 190-217 from Palgrave Macmillan

Abstract: Abstract Few topics are as loaded with ideological baggage as consideration about whether inflation, at least in moderation, is desirable or a scourge. It is also clear, at least in nearly all the western world, which side has won this particular battle of ideas. It is now the conventional wisdom almost everywhere that one of the most significant objectives of economic policy — perhaps the most important of all — is to maintain the average increase in the price level to no more than 2% to 2.5%.

Keywords: Exchange Rate; Price Level; Inflation Rate; Real Wage; Money Supply (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97784-2_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9780333977842

DOI: 10.1057/9780333977842_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().