The Great Inflation

The Rebirth of Modern Central Banking

Business & Finance, Economics, Macroeconomics, Economic History
Cover of the book The Great Inflation by , University of Chicago Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9780226043555
Publisher: University of Chicago Press Publication: June 28, 2013
Imprint: University of Chicago Press Language: English
Author:
ISBN: 9780226043555
Publisher: University of Chicago Press
Publication: June 28, 2013
Imprint: University of Chicago Press
Language: English

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 rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

More books from University of Chicago Press

Cover of the book Agents and Patients by
Cover of the book Toxic Schools by
Cover of the book Sundays at Sinai by
Cover of the book The Sour Lemon Score by
Cover of the book Hayek's The Road to Serfdom by
Cover of the book From Voice to Influence by
Cover of the book Measuring Entrepreneurial Businesses by
Cover of the book A Socialist Peace? by
Cover of the book Adaptation in Metapopulations by
Cover of the book The Dancing Bees by
Cover of the book Judaism Despite Christianity by
Cover of the book City Creatures by
Cover of the book Muslims Talking Politics by
Cover of the book Politics and Partnerships by
Cover of the book Occupy by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy