Monetary policy, output and employment
This article discusses why output and employment are not included in the Bank's operating objectives, leaving price stability the sole objective.
Volume (Year): 57 (1994)
Issue (Month): (December)
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Laurence Ball & David Romer, 1993.
"Inflation and the Informativeness of Prices,"
NBER Working Papers
4267, National Bureau of Economic Research, Inc.
- Ball, Laurence, 1995.
"Time-consistent policy and persistent changes in inflation,"
Journal of Monetary Economics,
Elsevier, vol. 36(2), pages 329-350, November.
- Laurence M. Ball, 1990. "Time-Consistent Policy and Persistent Changes in Inflation," NBER Working Papers 3529, National Bureau of Economic Research, Inc.
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