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
Series: Working Paper ; No. 864

Klassifikation
Wirtschaft
Monetary Policy
Central Banks and Their Policies
Thema
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

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