• Media type: Report; E-Book
  • Title: Price stability versus low inflation in Germany: An analysis of costs and benefits
  • Contributor: Tödter, Karl-Heinz [Author]; Ziebarth, Gerhard [Author]
  • imprint: Frankfurt a. M.: Deutsche Bundesbank, 1997
  • Language: English
  • Keywords: Wohlfahrtsanalyse ; Deutschland ; Kosten-Nutzen-Analyse ; Inflationsbekämpfung
  • Origination:
  • Footnote: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Description: This study empirically investigates for the case of Germany the following question, recently posed by Feldstein (1996): "lf 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?" .
  • Access State: Open Access