Journal Article

Allan Meltzer and the Search for a Nominal Anchor


Abstract: The author examines Allan Meltzer?s career in terms of the search of a nominal anchor for the U.S. Inflation targeting has provided a nominal anchor, in line with Meltzer?s view of inflation as a monetary phenomenon.

JEL Classification: E31; E58; N12; E52;

https://doi.org/10.20955/r.2018.117-26

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Review

Publication Date: 2018

Volume: 100

Issue: 2

Pages: 117-26