The Fight Against Inflation: A Comment

Allan Meltzer

A chapter in Monetarism in the United Kingdom, 1984, pp 61-66 from Palgrave Macmillan

Abstract: Abstract The development of rational expectations is one of the most important, and intellectually exciting, developments of economic theory in recent decades. Implications for economic theory, econometric theory and practice and for economic policy continue to flow, and it is both safe — and rational — to expect that we are nearer to the beginning than to the end of these developments.

Keywords: Central Bank; Rational Expectation; Real Rate; Real Output; Money Growth (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06284-3_4

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DOI: 10.1007/978-1-349-06284-3_4

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