Construct · 1 fields · 1 citations

Volcker disinflation: a standalone construct

One name. One construct. A landmark on the map.

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Economic history

the Federal Reserve's 1979 to 1983 campaign to bring down high inflation and the role of credibility in its costs.

In economic history, Volcker disinflation refers to the Federal Reserve's 1979 to 1983 campaign to bring down high inflation and the role of credibility in its costs. This meaning comes from Goodfriend (2005) in Journal of Monetary Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

campaign2 fields · 4 citationsjingle · one word, two constructs inflation3 fields · 4 citationsjingle · one word, three constructs reserve4 fields · 4 citationsjingle · one word, four constructs

References

Goodfriend, M., & King, R. G. (2005). The incredible Volcker disinflation. Journal of Monetary Economics, 52(5), 981-1015. https://doi.org/10.1016/j.jmoneco.2005.07.001

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