The return of inflation

Baltensperger, Ernst (2023). The return of inflation. Swiss journal of economics and statistics, 159(1) Springer 10.1186/s41937-023-00114-x

[img]
Preview
Text
s41937-023-00114-x.pdf - Published Version
Available under License Creative Commons: Attribution (CC-BY).

Download (1MB) | Preview

For a quarter of a century, the western world has enjoyed a macroeconomic environment characterized by low and stable inflation. Over the last two years, this benign state has dramatically changed. In America and Europe, inflation has resurged with unexpected vigor. Treated at first by central banks and most of their observers as a mere temporary aberration, which would soon fade again without much need for action, it has since assumed a virulence which has forced central banks to tighten their policies much more forcefully than was initially expected. How did all this come about? How are central banks and their monetary policies to be judged?

Item Type:

Journal Article (Original Article)

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Economics
03 Faculty of Business, Economics and Social Sciences > Other Institutions > Emeriti, Faculty of Business, Economics and Social Sciences

UniBE Contributor:

Baltensperger, Ernst

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics

ISSN:

2235-6282

Publisher:

Springer

Language:

English

Submitter:

Julia Alexandra Schlosser

Date Deposited:

29 Nov 2023 10:58

Last Modified:

29 Nov 2023 11:07

Publisher DOI:

10.1186/s41937-023-00114-x

BORIS DOI:

10.48350/189372

URI:

https://boris.unibe.ch/id/eprint/189372

Actions (login required)

Edit item Edit item
Provide Feedback