The Great Inflation: The Rebirth of Modern Central Banking (National Bureau of Economic Research Conference Report) - Tapa dura

Libro 101 de 139: National Bureau of Economic Research Conference Report
 
9780226066950: The Great Inflation: The Rebirth of Modern Central Banking (National Bureau of Economic Research Conference Report)
Tapa dura
ISBN 10: 0226066959 ISBN 13: 9780226066950
Editorial: University of Chicago Press, 2013

Sinopsis

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. This volume focuses on understanding the causes of the Great Inflation of the 1970s and '80s, which saw rising inflation in many nations and propelled interest rates across the developing world into the double digits. Ever since, the immediate cause of the period's rise in inflation has been extensively debated. 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. Contributors map monetary policy from the 1960s to the present, shedding light on how the lessons of the Great Inflation were absorbed and applied to today's global and increasingly complex economic environment.

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Acerca del autor

Michael D. Bordo is professor of economics at Rutgers, the State University of New Jersey, and a research associate of the NBER. Athanasios Orphanides is a senior lecturer at the Massachusetts Institute of Technology's Sloan School of Management and a senior fellow of the Center for Financial Studies at the Goethe University Frankfurt.

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Editorial
University of Chicago Press
Año de publicación
2013
Idioma
Inglés
ISBN 10 
0226066959
ISBN 13 
9780226066950
Encuadernación
Tapa dura
Número de páginas
544
Editor
Bordo Michael D., Orphanides Athanasios
Contacto del fabricante
no disponible
Persona responsable
no disponible