The Genesis of Inflation and the Costs of Disinflation
收藏NBER1991-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3621
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资源简介:
This essay asks how high inflation arises and why it is costly to eliminate. Specifically, the paper discusses the roles of price rigidity and credibility problems in explaining the costs of disinflation; the puzzle of persistent inflation triggered by onetime macroeconomic shocks; and the case for
提供机构:
美国国家经济研究局
创建时间:
1991-02-01



