The Great Inflation : The Rebirth of Modern Central Banking
Michael D. Bordo
Bok Engelsk 2013 · Electronic books.
| Annen tittel | |
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| Medvirkende | |
| Utgitt | Chicago, Ill. : University of Chicago Press , cop. 2013
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| Omfang | 1 online resource (545 p.)
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| Opplysninger | Description based upon print version of record.. - CONTENTS; Preface; Introduction; Practical Experiences in Reducing Inflation:The Case of New Zealand; Practical Experiences in Reducing Inflation:The Case of Canada; 1. The Great Inflation: Did the Shadow Know Better?; 2. The Supply- Shock Explanation of the GreatStagflation Revisited; 3. The Great Inflation Drift; 4. Falling Behind the Curve: A Positive Analysisof Stop- Start Monetary Policies and theGreat Inflation; 5. Monetary Policy Mistakes and the Evolution ofInflation Expectations; 6. Opting Out of the Great Inflation: GermanMonetary Policy after the Breakdown ofBretton Woods. - 7. Great Inflation and Central Bank Independencein Japan8. The Great Inflation in the United States and theUnited Kingdom: Reconciling Policy Decisionsand Data Outcomes; 9. Bretton Woods and the Great Inflation; Lessons from History; The Great Inflation: Lessons for Central Banks; Understanding Inflation: Lessons of the Past forthe Future; Contributors; Author Index; Subject Index. - Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity.This volume focuses on understanding the causes of the Great Inflation of the 1970s and '80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period's
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| Emner | |
| Sjanger | |
| Dewey | 332.4/109045 . - 332.41
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| ISBN | 9780226066950
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