Arbeitspapier
Maximizing price stability in a monetary economy
In this paper we analyze options for the European Central Bank (ECB) to achieve its single mandate of price stability. Viable options for price stability are described, analyzed, and tabulated with regard to both short- and long-term stability and volatility. We introduce an additional tool for promoting price stability and conclude that public purpose is best served by the selection of an alternative buffer stock policy that is directly managed by the ECB.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 864
- Classification
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Wirtschaft
Monetary Policy
Central Banks and Their Policies
- Subject
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European Central Bank
Monetary Policy Tools and Price Stability
Buffer Stock Policy
- Event
-
Geistige Schöpfung
- (who)
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Mosler, Warren
Silipo, Damiano Bruno
- Event
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Veröffentlichung
- (who)
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Levy Economics Institute of Bard College
- (where)
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Annandale-on-Hudson, NY
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Mosler, Warren
- Silipo, Damiano Bruno
- Levy Economics Institute of Bard College
Time of origin
- 2016
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