High Inflation: The Arne Ryde Memorial Lectures

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9780198288442: High Inflation: The Arne Ryde Memorial Lectures
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Book by Heymann Daniel Leijonhufvud Axel

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Highly recommended for graduate students and practitioners. (Choice)

Most of the material is infused with profound common sense reflecting Daniel Heymann's experience in Latin America as well as Axel Leijonhufvud's proverbial good judgement. His deeply questioning theoretical approach is, I believe, evident in the last of the book's seven chapters, relating high inflation to the uneasy place of money in economic theory. The book is worth reading for this material alone, which fills nearly a quarter of its pages. (Economica)

A useful and thought provoking book, especially for an economist interested in high-inflation countries ... The authors provide a useful discussion of the stabilization of high-inflation economies ... The main thesis of the book is that high inflation retards economic growth. The explanation detailed in support of this view in this book is as rigorous as it can get ... those who patiently study it will find it rewarding. (The Southern Economic Journal)

Reseña del editor:

This book looks at very high inflations, exemplified by those suffered by Argentina, Bolivia, Brazil, Israel, Mexico, and Peru in the eighties and by the Soviet Union today. The authors argue that a better grasp of high inflation processes is necessary in order for countries intricated in it to design stabilization strategies. The extremes of monetary instability can also give a clearer picture of the purpose that money and financial institutions serve under more normal circumstances, thus deepening our understanding of the benefits of monetary stability.

The authors examine the financial problems that governments have to wrestle with in high inflation, the private sector's adaptations to high inflation conditions, and the difficulties of finding a policy strategy that can be sustained through disinflation to lasting stabilization.

In describing, analysing, and explaining a number of high inflationary experiences, the authors show that standard macroeconomic theory cannot account for the phenomenon of these extreme cases and ask how received inflation theory needs to be changed in order for it to accommodate the various effects on the functioning of the economy.

Finally, the authors make a series of policy prescriptions which will help policy-makers to avoid inflationary situations.

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Heymann, Leijonhufvud
Publicado por OUP Oxford (2016)
ISBN 10: 0198288441 ISBN 13: 9780198288442
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HIGH INFLATION THE ARNE RYDE MEMORIAL LECTURES (HARDBACK) -
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Daniel Heymann
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Descripción Clarendon Press, 1995. HRD. Condición: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. del artículo: IQ-9780198288442

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Daniel Heymann
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Descripción Clarendon Press, 1995. HRD. Condición: New. New Book. Shipped from US within 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. del artículo: IQ-9780198288442

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Daniel Heymann, Axel Leijonhufvud
Publicado por Oxford University Press, United Kingdom (1995)
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Descripción Oxford University Press, United Kingdom, 1995. Hardback. Condición: New. Language: English . Brand New Book ***** Print on Demand *****. This book looks at very high inflations, exemplified by those suffered by Argentina, Bolivia, Brazil, Israel, Mexico, and Peru in the eighties and by the Soviet Union today. The authors argue that a better grasp of high inflation processes is necessary in order for countries intricated in it to design stabilization strategies. The extremes of monetary instability can also give a clearer picture of the purpose that money and financial institutions serve under more normal circumstances, thus deepening our understanding of the benefits of monetary stability. The authors examine the financial problems that governments have to wrestle with in high inflation, the private sector s adaptations to high inflation conditions, and the difficulties of finding a policy strategy that can be sustained through disinflation to lasting stabilization. In describing, analysing, and explaining a number of high inflationary experiences, the authors show that standard macroeconomic theory cannot account for the phenomenon of these extreme cases and ask how received inflation theory needs to be changed in order for it to accommodate the various effects on the functioning of the economy. Finally, the authors make a series of policy prescriptions which will help policy-makers to avoid inflationary situations. Nº de ref. del artículo: APC9780198288442

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Daniel Heymann, Axel Leijonhufvud
Publicado por Oxford University Press, United Kingdom (1995)
ISBN 10: 0198288441 ISBN 13: 9780198288442
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Descripción Oxford University Press, United Kingdom, 1995. Hardback. Condición: New. Language: English . Brand New Book ***** Print on Demand *****.This book looks at very high inflations, exemplified by those suffered by Argentina, Bolivia, Brazil, Israel, Mexico, and Peru in the eighties and by the Soviet Union today. The authors argue that a better grasp of high inflation processes is necessary in order for countries intricated in it to design stabilization strategies. The extremes of monetary instability can also give a clearer picture of the purpose that money and financial institutions serve under more normal circumstances, thus deepening our understanding of the benefits of monetary stability. The authors examine the financial problems that governments have to wrestle with in high inflation, the private sector s adaptations to high inflation conditions, and the difficulties of finding a policy strategy that can be sustained through disinflation to lasting stabilization. In describing, analysing, and explaining a number of high inflationary experiences, the authors show that standard macroeconomic theory cannot account for the phenomenon of these extreme cases and ask how received inflation theory needs to be changed in order for it to accommodate the various effects on the functioning of the economy. Finally, the authors make a series of policy prescriptions which will help policy-makers to avoid inflationary situations. Nº de ref. del artículo: APC9780198288442

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Heymann, Daniel
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Descripción Clarendon Press, 2018. Hardcover. Condición: New. Never used! This item is printed on demand. Nº de ref. del artículo: 0198288441

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Leijonhufvud Heymann; Daniel Heymann; Axel Leijonhufvud
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Descripción Condición: New. New. Nº de ref. del artículo: S-0198288441

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Daniel Heymann, Axel Leijonhufvud
Publicado por Oxford University Press, USA (1995)
ISBN 10: 0198288441 ISBN 13: 9780198288442
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Descripción Oxford University Press, USA, 1995. Hardcover. Condición: New. Nº de ref. del artículo: DADAX0198288441

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Daniel Heymann; Axel Leijonhufvud
Publicado por Clarendon Press (1995)
ISBN 10: 0198288441 ISBN 13: 9780198288442
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Descripción Clarendon Press, 1995. Condición: New. book. Nº de ref. del artículo: M0198288441

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