The Great Inflation

The Great Inflation PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
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.

The Great Inflation

The Great Inflation PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545

Get Book

Book Description
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.

The Control of Inflation

The Control of Inflation PDF Author: J. E. Meade
Publisher: Cambridge University Press
ISBN: 1107646804
Category : Business & Economics
Languages : en
Pages : 53

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Book Description
This 1958 book contains the transcription of Meade's inaugural lecture as Professor of Political Economy at Cambridge University

Forty Centuries of Wage and Price Controls

Forty Centuries of Wage and Price Controls PDF Author: Robert L. Schuettinger.
Publisher: Ludwig von Mises Institute
ISBN: 161016525X
Category : Political Science
Languages : en
Pages : 194

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Book Description
The Mises Institute is thrilled to bring back this popular guide to ridiculous economic policy from the ancient world to modern times. This outstanding history illustrates the utter futility of fighting the market process through legislation. It always uses despotic measures to yield socially catastrophic results. It covers the ancient world, the Roman Republic and Empire, Medieval Europe, the first centuries of the U.S. and Canada, the French Revolution, the 19th century, World Wars I and II, the Nazis, the Soviets, postwar rent control, and the 1970s. It also includes a very helpful conclusion spelling out the theory of wage and price controls. This book is a treasure, and super entertaining!

Inflation and Investment Controls in China

Inflation and Investment Controls in China PDF Author: Yasheng Huang
Publisher: Cambridge University Press
ISBN: 9780521665735
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
A political-economic analysis of how China has been able to avoid hyperinflation while maintaining high annual growth rates.

Controlling Inflation

Controlling Inflation PDF Author: Clarence Barber
Publisher: James Lorimer & Company
ISBN: 9780888625861
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
Published in 1982, this book examines how eighteen Western countries dealt with extraordinary inflationary pressures of the 1970s. The authors weigh the alternatives of tax-based incomes policies versus outright wage and price controls, and analyze the record of controls implemented in the U.S. and Canada. They conclude that the Anti-Inflation Board controls of 1975-78 reduced inflation, and were equal in their effects on wages and profits. Controlling Inflation offers a close analysis of the range of responses framed to meet the most pressing economic challenge faced by Western economies in the 1970s.

Controlling Inflation

Controlling Inflation PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451980574
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
We show that the presence of nominal non-indexed government debt could give rise to more than one equilibrium inflation rate. Conditions for this to occur are discussed in terms of ad hoc and micro-founded models. Solutions to the indeterminacy problem are examined; one solution is shown to be price indexation of debt instruments.

The Inflation-Targeting Debate

The Inflation-Targeting Debate PDF Author: Ben S. Bernanke
Publisher: University of Chicago Press
ISBN: 0226044734
Category : Business & Economics
Languages : en
Pages : 469

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Book Description
Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary policymaking. As the name suggests, in such inflation-targeting regimes, the central bank is responsible for achieving a publicly announced target for the inflation rate. While the objective of controlling inflation enjoys wide support among both academic experts and policymakers, and while the countries that have followed this model have generally experienced good macroeconomic outcomes, many important questions about inflation targeting remain. In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting—its potential, its successes, and its limitations—from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary.

Inflation Control Program of OPA

Inflation Control Program of OPA PDF Author: United States. Congress. Senate. Committee on Banking and Currency
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 952

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Book Description


Controlling the New Inflation

Controlling the New Inflation PDF Author: Thomas J. Dougherty
Publisher: Free Press
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 200

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Book Description


Controlling Inflation

Controlling Inflation PDF Author: United States. Congress. House. Committee on the Budget. Task Force on Tax Policy
Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 46

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Book Description