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Detail
ArtikelSome Policy Options  
Oleh: Rivlin, Alice
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Economic Impact no. 1 (1978), page 17-23.
Topik: Policy; Inflation; Price Stability
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE6, EE6.3
    • Non-tandon: 2 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelA rigorous analysis of the causes of the present U.S. inflation, and alternative policy options for dealing with it, are presented in this article by the staff of the U.S. Congressional Budget Office. Among the "wide variety of options" the author deal in detail with four: a deflatinary macroeconomic policy, making use of fiscal or monetary tools to arrest the rise in prices; wage price controls, with which U.S. policymakers have already had considerable experience; ad hoc price reduction measures aimed at selected markets; and tax incentives designed to encourage price stability. However, implementation of any one of these, conclude the authors, would require sacrificing other goals. Set up under a congressional act in 1974, the Budget Office gives Congress periodic reports on the state of the economy and its future prospects. This article is drawn from a recent report on counter-inflation possibilities and limitations. Under its respected director, Alice M. Rivlin, formerly Senior Fellow at the Brookings Institution, the CBO has come to play an increasingly influential role on the Washington economic scene.
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