Price Stability vs. Low Inflation in Germany: An Analysis of Costs and Benefits
收藏NBER1997-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6170
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资源简介：
We empirically investigate the costs and benefits of going from low inflation to price stability in the case of Germany. Recent empirical evidence on the sacrifice ratio suggests that the break-even point at which the permanent benefits of reducing the trend rate of inflation by 2 percentage points
提供机构：
美国国家经济研究局
创建时间：
1997-09-01
