What Are the Costs of Disinflation?

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F03%3A00009082" target="_blank" >RIV/61989100:27510/03:00009082 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

What Are the Costs of Disinflation?

Original language description

The paper is concerned with costs of disinflation, because the experience of many countries in the early 1980s shows that reductions in inflation are often bought out at considerable short-term cost in terms of lower output and higher unemployment. Thisarticle therefore deals with sacrifice ratio - the proportion of a year's output that must be foregone to reduce inflation permanently by one percent. The paper also briefly summarizes the results of some empirical studies on sacrifice ratio estimates and some of the empirical work on the benefits of lower inflation.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year

2003

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

ECON´03

ISSN

0862-7908

e-ISSN

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Volume of the periodical

10

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

11

Pages from-to

409-419

UT code for WoS article

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EID of the result in the Scopus database

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