Some Costs and Benefits of Price Stability in the United Kingdom
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In a previous attempt to articulate the costs of inflation (Leigh-Pemberton (1992)), the Bank of England outlined the following costs of a fully-anticipated inflation: - the cost of economising on real money balances -- so-called shoe-leather' effects; - the costs of operating a less-than-perfectly
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美国国家经济研究局创建时间：
1998-07-01
