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.
- Sprache
-
Englisch
- Erschienen in
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Series: Working Paper ; No. 864
- Klassifikation
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Wirtschaft
Monetary Policy
Central Banks and Their Policies
- Thema
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European Central Bank
Monetary Policy Tools and Price Stability
Buffer Stock Policy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Mosler, Warren
Silipo, Damiano Bruno
- Ereignis
-
Veröffentlichung
- (wer)
-
Levy Economics Institute of Bard College
- (wo)
-
Annandale-on-Hudson, NY
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Mosler, Warren
- Silipo, Damiano Bruno
- Levy Economics Institute of Bard College
Entstanden
- 2016