Author: Salem Mosa Abo ZaidPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Essays on the Optimal Long-run Inflation Rate
Author: Salem Mosa Abo ZaidEssays on Inflation
Author: Thomas M. HumphreyPublisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 184
Book Description
The Case for a Long-Run Inflation Target of Four Percent
Author: Laurence M. BallPublisher: International Monetary Fund
ISBN: 1498395600
Category : Business & Economics
Languages : en
Pages : 21
Book Description
Many central banks target an inflation rate near two percent. This essay argues that policymakers would do better to target four percent inflation. A four percent target would ease the constraints on monetary policy arising from the zero bound on interest rates, with the result that economic downturns would be less severe. This benefit would come at minimal cost, because four percent inflation does not harm an economy significantly.
Essays on the Short and Long Run Relationships Between Inflation and Economic Activity
Author: Reducing Inflation
Author: Christina D. RomerPublisher: University of Chicago Press
ISBN: 0226724832
Category : Business & Economics
Languages : en
Pages : 434
Book Description
While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation. Section I discusses the consequences of inflation. These papers analyze inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's sense of well-being. Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970s, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries. This timely volume should be read by anyone who studies or conducts monetary policy.
Three Essays on Dynamics of Real Exchange Rate
Author: Deokwoo NamAntwort der Herrn General-Staaten auf die Memorialien des Herrn Chrinsteins Ambassadeur extrord. des Königs in Schweden, so den 19., 26. und 27. Novemb. den dedachten H. H. Staaten praesentirt, betreffend die Friedenshandlung
Author: Money, Inflation and Employment
Author: Sean HollyPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 250
Book Description
Celebrates the contribution of Sir James Ball to economic policy and theory, with a range of original essays covering managing the economy, exchange rate policy, structural adjustments in the UK, a theory of intercept corrections in microeconomic forecasting and other matters.
Long-run Growth and Short-run Stabilization
Author: The late Lawrence R. KleinPublisher: Edward Elgar Publishing
ISBN: 9781781950500
Category : Business & Economics
Languages : en
Pages : 434
Book Description
There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the contributors elaborate on the main issues of economic analysis and policies that concerned him.
Inflation, Development, and Integration
Author: Arthur Joseph BrownPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324
Book Description
Monographic compilation of essays in honour of a.j. Brown, British economist, relating to inflation, industrialization in developing countries, trade and economic integration - covers economic theory and economic models, incomes policy in Australia, reflections on innovation, the EC and other common markets, infrastructure investment in the UK, unemployment, etc., and includes a bibliography of his writings. Graphs, references and statistical tables. Festschrift brown, arthur j., economist.