Inflation, distortionary taxation and the design of monetary policy: the role of social cohesion

The relationship between central banks and inflation is considered in order to disprove existing studies which state that distortions and inflationary bias occur in the real world. While much attention has been given to the issue in existing studies, no attempt has been made to examine effects of an...

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Bibliographic Details
Main Author: H. PRAST H.
Format: Article
Language:English
Published: Associazione Economia civile 1998-03-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10589/10473