The Objective of Central Banks: Inflation Control Research Paper by Master Researcher

The Objective of Central Banks: Inflation Control
A discussion of the issues concerning inflation and inflation control as an objective of central banks.
# 40892 | 3,150 words | 8 sources | 2002 | US
Published on Oct 17, 2003 in Economics (Inflation)


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Description:

This paper looks at the issue of inflation control as an objective of central banks. Viewing the British Commonwealth and Continental European models of 'zero inflation' in contrast with the moderate inflation policy of the US provides a case against zero inflation as a policy objective. A variety of issues that surround inflation; e.g., the inflation/unemployment relationship, etc, will be brought to the fore. In the final analysis, it is clear that efforts to eradicate inflation are misguided and more moderate inflation is preferable in an era where steady economic growth is desirable.

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APA Format

The Objective of Central Banks: Inflation Control (2003, October 17) Retrieved January 30, 2023, from https://www.academon.com/research-paper/the-objective-of-central-banks-inflation-control-40892/

MLA Format

"The Objective of Central Banks: Inflation Control" 17 October 2003. Web. 30 January. 2023. <https://www.academon.com/research-paper/the-objective-of-central-banks-inflation-control-40892/>

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