American Economic Review Vol. 96 No. 2 2006
The Road to Price Stability
Abstract
Nearly a quarter-century after Paul Volcker’s declaration of war on inflation on October 6, 1979, Alan Greenspan declared that the goal had been achieved. Drawing on the extensive historical record, I examine the views of Chairmen Volcker and Greenspan on some aspects of the evolving monetary policy debate and explore some of the distinguishing characteristics of the disinflation.
- DOI
- 10.1257/000282806777212567
- Volume
- 96
- Issue
- 2
- Pages
- 178-181
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref