The Costs and Benefits of Going from Low Inflation to Price Stability

@article{Feldstein1996TheCA,
  title={The Costs and Benefits of Going from Low Inflation to Price Stability},
  author={Martin S. Feldstein},
  journal={Macroeconomics eJournal},
  year={1996}
}
  • M. Feldstein
  • Published 1 February 1996
  • Economics
  • Macroeconomics eJournal
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References

What Determines the Sacrifice Ratio?
This paper investigates the determinants of the "sacrifice ratio" for disinflation: the ratio of the loss in output to the fall in trend inflation. I develop a method for estimating the sacrifice