The costs of inflation
The costs of inflation
It is often said that inflation carries with it major costs for the economy, but all too often these costs are assumed rather that analysed. This article examines the arguments concerning the costs of inflation and reviews the empirical evidence. The author concludes that the unavoidable costs of moderate inflation may be rather small.
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Thomas, Steve
effeb4ca-ca6b-4b21-b399-4f56cecc5d31
November 1986
Thomas, Steve
effeb4ca-ca6b-4b21-b399-4f56cecc5d31
Thomas, Steve
(1986)
The costs of inflation.
Economic Review, 4 (2), .
Abstract
It is often said that inflation carries with it major costs for the economy, but all too often these costs are assumed rather that analysed. This article examines the arguments concerning the costs of inflation and reviews the empirical evidence. The author concludes that the unavoidable costs of moderate inflation may be rather small.
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Published date: November 1986
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Local EPrints ID: 37424
URI: http://eprints.soton.ac.uk/id/eprint/37424
PURE UUID: 6d08e951-1413-4fdc-acd0-22a9e1c16e3e
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Date deposited: 26 Jul 2007
Last modified: 11 Dec 2021 15:36
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Author:
Steve Thomas
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