When Should We Worry about Inflation?
At what level should inflation be a concern? From a growth perspective, high and rising levels of inflation as in 2006–2008 raise concerns that inflation, if uncontained, could undermine growth. On the other hand, higher levels of inflation could create more space for using monetary policy to reduce...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | en_US |
| Published: |
Oxford University Press on behalf of the World Bank
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/15342 |