Open AccessDoes Stabilizing Inflation Contribute To Stabilizing Economic Activity?
Author(s) -
Frederic S. Mishkin
Publication year - 2008
Publication title -
ern: monetary policy objectives; policy designs; policy coordination (topic)
Language(s) - English
Resource type - Reports
DOI - 10.3386/w13970
Subject(s) - inflation (cosmology) , economics , monetary economics , physics , theoretical physics
This paper discusses recent economic research that demonstrates that the objectives of price stability and stabilizing economic activity are often likely to be mutually reinforcing. Thus, the answer to the title of this paper--"Does stabilizing inflation contribute to stabilizing economic activity?"--is, for the most part, yes.
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