Would Committing the Federal Reserve to a Goal Of Price Stability Promote Economic Efficiency?
Reviews theoretical and empirical literature to examine whether replacing the Federal Reserve's current multi-goal mandate of maximum employment, stable prices, and moderate long-term interest rates with a single goal of stable price would promote economic efficiency.
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| Format: | Electronic eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2002.
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| Series: | CRS report.
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| Online Access: | Connect to this title via ProQuest |