Low inflation is not good enough

Stone, John
June 1992
IPA Review;1992, Vol. 45 Issue 2, p48
Opinion. Presents the author's views on the inflation rate of Australia. His comments on the `One Nation' speech of Mr. Kipling to the Australian parliament about inflation; Real significance of `One Nation's' revival of the need to `Fight inflation first;' Chief enemy of economic recovery; Strategy to surmount inflation.


Related Articles

  • The inflation target ten years on. King, Mervyn // Bank of England Quarterly Bulletin;Winter2002, Vol. 42 Issue 4, p459 

    In this lecture to the London School of Economics, Mervyn King, Deputy Governor, re-examines the case for price stability ten years after Robin Leigh Pemberton asked the same question in the first LSE-Bank of England lecture. Mervyn King asks three questions.

  • Price formation and inflation multiplier. Kracn, Davorin // Eastern European Economics;Jul/Aug99, Vol. 37 Issue 4, p50 

    Examines the influence of inflation on price formation. Definition of inflation; Use of sectoral price formation functions in the derivation of the inflation multiplier; Analysis on secondary price chain effect; Influence of inflation and price formation on economic policies; Sectoral price...

  • Down, but not out. Ross, David // Financial Management;Oct2001, p15 

    Examines the low inflation in Great Britain as of 2001 and looks at the prospects for stability. History of inflation and the price level in the country; Information on the general Retail Prices Index; Data on inflation since the late 1980s.

  • Achieving low inflation in transition economies: The role of relative price adjustment. Coorey, Sharmini; Mecagni, Mauro; Offerdal, Erik // Finance & Development;Mar1998, Vol. 35 Issue 1, p30 

    Investigates the impact of price adjustment and nominal wage shocks on inflation in transition economies. Influence of macroeconomic variables on price adjustments; Definition of inflation; Suggestion few transition economies have been able to achieve low inflation rates.

  • Economic behaviour and policy choice under price stability... Poloz, Stephen S. // Bank of Canada Review;Summer94, p21 

    Provides a summary of the proceedings of the Bank of Canada conference on Economic Behaviour and Policy Choice under Price Stability in 1993. Optimal rate of inflation: Zero inflation versus price stability; Non-stationaries and non-linearities in Canadian inflation; Framework of examining the...

  • Below-cost Legislation, Price Competition and Inflation in French Retailing. Colla, Enrico // European Retail Digest;Winter2004, Issue 44, p31 

    Focuses on below-cost legislation, price competition and inflation in French retailing. Price levels in supermarkets and hypermarkets; Reduction in the intensity of price competition in the retail industry; Increase in non-price competition.

  • INFLATION, MONETARISM, AND PRICE CONTROLS. Keller, Robert // Nebraska Journal of Economics & Business;Winter80, Vol. 19 Issue 1, p30 

    Features a monetarist model with inflationary expectations to present a theoretical argument for imposing price controls to attack inflation. Policies of monetarist models to eliminate inflation; Function of price controls; Monetarist foundation for the price control proposal; Impact of...

  • An empirical investigation of price and exchange rate bubbles during the interwar European hyperinflations. Chan, Hing Lin; Lee, Shu Kam; Woo, Kai-Yin // International Review of Economics & Finance;2003, Vol. 12 Issue 3, p327 

    This study attempts to test for the presence of price and exchange rate bubbles during the interwar European hyperinflations of Germany, Hungary, and Poland. We suggest a testing methodology, which extends the Durlauf�Hooker approach, for conducting this empirical study. Exact Cagan...

  • Are federal funds rate changes consistent with price stability? Results from an indicator model. Dueker, Michael J.; Fischer, Andreas M. // Review (00149187);Jan/Feb96, Vol. 78 Issue 1, p45 

    Explains changes in the federal funds rate as the outcome of an implicit policy of inflation targeting. Description of the interest-rate feedback mechanism; Estimates of implicit inflation targets from 1971 to 1995; Measurement of progress toward price stability.


Read the Article


Sign out of this library

Other Topics