Title: Monetary Policy and Inflation: From Theory to Practice
Abstract: This paper addresses a number of questions which are essential to a proper understanding of the causes and effects of the inflationary process and to an assessment of the contribution of monetary policy to the achievement of long-term price stability. These questions are: (1) what are the economic costs of inflation? (2) what part does monetary policy play in the short- and medium-term evolution of inflation? (3) what are the most appropriate monetary policy strategies for fighting inflation?
Publication Year: 1998
Publication Date: 1998-03-01
Language: en
Type: preprint
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Cited By Count: 6
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