NEW FACTORS IN THE INFLATION EQUATION
Tema(s): En: Financial Times 12 nov. 1999, p. 13Resumen: One of the significant accomplishments of the last two decades has been the eradication of high and volatile inflation from the macroeconomic landscape. This achievement is neither universal nor painless, having been won at the cost of two global recessions. Yet today, central bankers remain vigilant to ensure that inflation stays low. And crucially markets believe that by and large they can manage that feat. The upshot of all this is that the link between economic growth and price pressures, so prevalent during the 1970s and 1980s, is fading.| Tipo de ítem | Biblioteca actual | Signatura topográfica | Info Vol | Estado | Fecha de vencimiento | Código de barras | |
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BIBLIOTECA ECONÓMICA BCE - QUITO | RESUM-019112 (Navegar estantería(Abre debajo)) | Financial Times. 12 nov. 1999, p. 13 | Disponible |
One of the significant accomplishments of the last two decades has been the eradication of high and volatile inflation from the macroeconomic landscape. This achievement is neither universal nor painless, having been won at the cost of two global recessions. Yet today, central bankers remain vigilant to ensure that inflation stays low. And crucially markets believe that by and large they can manage that feat. The upshot of all this is that the link between economic growth and price pressures, so prevalent during the 1970s and 1980s, is fading.
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