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Controversies on the Central Bank Main Objective of Price Stability

Author

Listed:
  • Vasile Cocris

    („Al.I. Cuza” University, Iasi)

  • Bogdan Cãpraru

    („Al.I. Cuza” University, Iasi)

Abstract

In the present study we propose a critical approach to the concept of price stability. In the beginning we have considered a literature review regarding price stability issues. After that we have discussed about its implications in central banking and economy. Also, according to the statutes of 128 countries, we have done a statistical study of central banks in the light of the chosen statutory objective.

Suggested Citation

  • Vasile Cocris & Bogdan Cãpraru, 2008. "Controversies on the Central Bank Main Objective of Price Stability," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 9(9(526)), pages 11-20, September.
    • Handle: RePEc:agr:journl:v:9(526):y:2008:i:9(526):p:11-20
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