Working Paper
In Defense of Zero Inflation
An argument supporting zero inflation as the sole objective of monetary policy, with particular emphasis on the Bank of Canada’s commitment to an explicit, low inflation target.
Suggested Citation
Gavin, William T. 1990. “In Defense of Zero Inflation.” Federal Reserve Bank of Cleveland, Working Paper No. 90-05. https://doi.org/10.26509/frbc-wp-199005
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