The price level and monetary policy
Most central banks are required to or choose to stabilize a price index, largely by manipulating short term interest rates. A serious problem is which index to choose among the national income deflator, wholesale prices, the cost of living, with or eliminating highly volatile commodities such as fo...
| Published in: | PSL Quarterly Review |
|---|---|
| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2012-04-01
|
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9901 |