Buiter, Willem H. (contributor) - 2006
price in.ation;(2) Optimal monetary policy implements Bailey-Friedman optimal quantity of money rule.No welfare-economics …WORKING PAPER SERIES
ISSN 1561081-0
9 771561 081005
NO 609 / APRIL 2006
THE ELUSIVE WELFARE
ECONOMICS OF PRICE …
ECONOMICS OF PRICE
STABILITY AS A MONETARY
POLICY OBJECTIVE
WHY NEW KEYNESIAN
CENTRAL BANKERS
SHOULD VALIDATE CORE …