A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
30447 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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"The rate of inflation has a bearing on the relative price of individual products and therefore on demand for those products. Using new micro price data, this column investigates how high the optimal inflation rate must be to prevent relative product demand from being distorted. In contrast to a common claim, it finds that the optimal rate is not zero for a large part. "
"The rate of inflation has a bearing on the relative price of individual products and therefore on demand for those products. Using new micro price data, this column investigates how high the optimal inflation rate must be to prevent relative product demand from being distorted. In contrast to a common claim, it finds that the optimal rate is not zero for a large part. "
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