Graziani, Carlo - In: Economia Internazionale / International Economics 50 (1997) 2, pp. 207-222
costs of bringing down inflation by means of gradual reductions, of different degrees, in the growth rate of the money … analysis are also presented. We find that the output cost of reducing inflation, measured by the unweighted integral of the … strategies studied. On the other hand, the economic waste of reducing inflation, approximated by the unweighted integral of the …