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 |
| Published: |
[Place of publication not identified] :
[publisher not identified],
2002.
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| Series: | CRS report.
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| Subjects: | |
| Online Access: | Connect to this title via ProQuest |
| Summary: | 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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| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. |
| Physical Description: | 22 p. : digital, PDF file. |
| Format: | System requirements: PDF reader software. |