Published in:Bundesbank Series 1 Discussion Paper ; No. 1997,03
Extent:
1 Online-Ressource (80 p)
Language:
English
DOI:
10.2139/ssrn.2785796
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 1997 erstellt
Description:
In dieser Studie wird die kürzlich von Feldstein (1996) aufgeworfene Frage für die Bundesrepublik Deutschland empirisch untersucht: "If the true and fully anticipated rate of inflation has stabilized at a low level, i.e. two per cent, is the gain from reducing inflation to zero worth the sacrifice in output and employment that would be required to achieve it?" ...This study empirically investigates for the case of Germany the following question, recently posed by Feldstein (1996): "If the true and fully anticipated rate of inflation has stabilized at a low level, i.e. two per cent, is the gain from reducing inflation to zero worth the sacrifice in output and employment that would be required to achieve it?"