Journal Article

Breaking the inflation-recession cycle

Abstract: A discussion of recessions, caused by inflationary monetary policies as well as nonmonetary surprises, and a prescription for attaining maximum sustainable economic growth.

Keywords: Inflation (Finance); Monetary policy; Recessions;

Access Documents


Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1989

Issue: Oct

Order Number: 2