Bericht
Does low inflation pose a risk to economic growth and central banks reputation?
Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they should revise the inflation target downwards and publicly explain the rationale for such a move. Risks to the independence of central banks come from their additional mandates (beyond price stability) and populist politics.
- ISBN
-
978-83-7178-691-4
- Sprache
-
Englisch
- Erschienen in
-
Series: CASE Reports ; No. 501
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Money Supply; Credit; Money Multipliers
Monetary Policy
Central Banks and Their Policies
Economic Impacts of Globalization: Macroeconomic Impacts
- Thema
-
monetary policy
inflation
inflation target
economic growth
central bank independence
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dabrowski, Marek
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Social and Economic Research (CASE)
- (wo)
-
Warsaw
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Dabrowski, Marek
- Center for Social and Economic Research (CASE)
Entstanden
- 2020
Ähnliche Objekte (12)
Risk measurement and management of operational risk, reputation risk and inflation risk in the insurance industry
Honest grading, grade inflation and reputation
Honest Grading, Grade Inflation and Reputation
Inflation targeting in low-income countries: Does IT work?
Low Inflation: High Default Risk AND High Equity Valuations
Inflation Risk?
Does inflation targeting matter?
Managed Care: Low Reputation but Most Effective
Inflation risks and inflation risk premia
Does Hospital Reputation Influence the Choice of Hospital?
Does Hospital Reputation Influence the Choice of Hospital?
Japan's Low Inflation Conundrum
Risk measurement and management of operational risk, reputation risk and inflation risk in the insurance industry
Honest grading, grade inflation and reputation
Honest Grading, Grade Inflation and Reputation
Inflation targeting in low-income countries: Does IT work?
Low Inflation: High Default Risk AND High Equity Valuations
Inflation Risk?
Does inflation targeting matter?
Managed Care: Low Reputation but Most Effective
Inflation risks and inflation risk premia
Does Hospital Reputation Influence the Choice of Hospital?
Does Hospital Reputation Influence the Choice of Hospital?
Japan's Low Inflation Conundrum
Risk measurement and management of operational risk, reputation risk and inflation risk in the insurance industry
Honest grading, grade inflation and reputation
Honest Grading, Grade Inflation and Reputation
Inflation targeting in low-income countries: Does IT work?
Low Inflation: High Default Risk AND High Equity Valuations
Inflation Risk?
Does inflation targeting matter?
Managed Care: Low Reputation but Most Effective
Inflation risks and inflation risk premia
Does Hospital Reputation Influence the Choice of Hospital?
Does Hospital Reputation Influence the Choice of Hospital?