Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/173473
Authors: 
Mosler, Warren
Silipo, Damiano Bruno
Year of Publication: 
2016
Series/Report no.: 
Working Paper, Levy Economics Institute 864
Abstract: 
In this paper we analyze options for the European Central Bank (ECB) to achieve its single mandate of price stability. Viable options for price stability are described, analyzed, and tabulated with regard to both short- and long-term stability and volatility. We introduce an additional tool for promoting price stability and conclude that public purpose is best served by the selection of an alternative buffer stock policy that is directly managed by the ECB.
Subjects: 
European Central Bank
Monetary Policy Tools and Price Stability
Buffer Stock Policy
JEL: 
E52
E58
Document Type: 
Working Paper

Files in This Item:
File
Size
721.4 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.