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Price stability and the Swedish monetary experiment

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Author Info

  • Susan Black
  • William T. Gavin

Abstract

An examination of the feasibility and appropriateness of establishing a direct, price-index target as the primary objective of U.S. monetary policy, with particular emphasis on the Swedish Riksbank's experiment with such an approach during the 1930s.

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File URL: http://www.clevelandfed.org/Research/commentary/1990/1215.pdf
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Bibliographic Info

Article provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.

Volume (Year): (1990)
Issue (Month): Dec ()
Pages:

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Handle: RePEc:fip:fedcec:y:1990:i:dec15

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Keywords: Sweden ; Monetary policy - Sweden;

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Cited by:
  1. William T. Gavin & Benjamin D. Keen, 2012. "The zero lower bound and the dual mandate," Working Papers 2012-026, Federal Reserve Bank of St. Louis.
  2. Guender, Alfred V. & Oh, Do Yoon, 2006. "Price stability through price-level targeting or inflation targeting? A tale of two experiments," Journal of Economics and Business, Elsevier, vol. 58(5-6), pages 373-391.

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