Does Stabilizing Inflation Contribute to Stabilizing Economic Activity?

19 Pages Posted: 12 May 2008 Last revised: 4 Sep 2010

See all articles by Frederic S. Mishkin

Frederic S. Mishkin

Columbia Business School - Finance and Economics; National Bureau of Economic Research (NBER)

Date Written: May 2008

Abstract

This paper discusses recent economic research that demonstrates that the objectives of price stability and stabilizing economic activity are often likely to be mutually reinforcing. Thus, the answer to the title of this paper--"Does stabilizing inflation contribute to stabilizing economic activity?"--is, for the most part, yes.

Suggested Citation

Mishkin, Frederic S., Does Stabilizing Inflation Contribute to Stabilizing Economic Activity? (May 2008). NBER Working Paper No. w13970, Available at SSRN: https://ssrn.com/abstract=1131623

Frederic S. Mishkin (Contact Author)

Columbia Business School - Finance and Economics ( email )

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National Bureau of Economic Research (NBER)

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