Considerations in Reducing Inflation From Low to Lower Levels /

In recent years, many countries have successfully reduced their inflation rates to relatively low levels of 2 to 3 percent. The question then arises as to whether it would be desirable to move to even lower rates of inflation. The paper examines the benefits and costs of moving from low inflation to...

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Bibliographic Details
Main Author: Tokarick, Stephen
Other Authors: Leidy, Michael
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/109
Online Access:Full text available on IMF