Rational expectations and inflation:
Gespeichert in:
| Format: | Buch |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Princeton, NJ [u.a.]
Princeton Univ. Press
2013
|
| Ausgabe: | 3. ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XXIII, 364 S. graph. Darst. |
| ISBN: | 9780691158709 |
Internformat
MARC
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|---|---|---|---|
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| 008 | 130611s2013 d||| |||| 00||| eng d | ||
| 020 | |a 9780691158709 |9 978-0-691-15870-9 | ||
| 020 | |z 0691158703 |9 0691158703 | ||
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| 245 | 1 | 0 | |a Rational expectations and inflation |c Thomas J. Sargent |
| 250 | |a 3. ed. | ||
| 264 | 1 | |a Princeton, NJ [u.a.] |b Princeton Univ. Press |c 2013 | |
| 300 | |a XXIII, 364 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 4 | |a MAKROÖKONOMIE | |
| 650 | 4 | |a INFLATION (GELD UND WÄHRUNG) | |
| 650 | 4 | |a SPEKULATIONSHANDEL | |
| 650 | 4 | |a VEREINIGTE STAATEN VON AMERIKA (NORDAMERIKA), USA | |
| 650 | 4 | |a EUROPA | |
| 650 | 4 | |a MACROÉCONOMIE | |
| 650 | 4 | |a MACROECONOMICS | |
| 650 | 4 | |a INFLATION (ARGENT ET MONNAIE) | |
| 650 | 4 | |a INFLATION (MONEY AND CURRENCY) | |
| 650 | 4 | |a SPECULATION/COMMERCE SPECULATIF (COMMERCE) | |
| 650 | 4 | |a SPECULATIVE TRADING | |
| 650 | 4 | |a ÉTATS-UNIS D'AMÉRIQUE (AMÉRIQUE DU NORD) | |
| 650 | 4 | |a UNITED STATES OF AMERICA (NORTH AMERICA), USA | |
| 650 | 4 | |a EUROPE | |
| 650 | 0 | 7 | |a Rationale Erwartung |0 (DE-588)4121553-9 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Inflation |0 (DE-588)4026887-1 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Erwartung |0 (DE-588)4015434-8 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Erwartungsbildung |0 (DE-588)4193073-3 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Rationale Erwartung |0 (DE-588)4121553-9 |D s |
| 689 | 0 | 1 | |a Erwartungsbildung |0 (DE-588)4193073-3 |D s |
| 689 | 0 | 2 | |a Inflation |0 (DE-588)4026887-1 |D s |
| 689 | 0 | |5 DE-604 | |
| 689 | 1 | 0 | |a Inflation |0 (DE-588)4026887-1 |D s |
| 689 | 1 | 1 | |a Erwartung |0 (DE-588)4015434-8 |D s |
| 689 | 1 | |8 1\p |5 DE-604 | |
| 700 | 1 | |a Sargent, Thomas J. |d 1943- |e Sonstige |0 (DE-588)118751298 |4 oth | |
| 856 | 4 | 2 | |m Digitalisierung UB Regensburg - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026058844&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-026058844 | ||
| 883 | 1 | |8 1\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
Datensatz im Suchindex
| _version_ | 1804150453918760960 |
|---|---|
| adam_text | Contents
List of
Figures
xi
List of Tables
xiii
Acknowledgements
xv
Preface to the Third Edition
xvii
Preface to the Second Edition
xix
Preface to the First Edition
xxi
1.
Rational Expectations and the Reconstruc¬
tion of Macroeconomics
1
Behavior Changes with the Rules of the Game
1
The Investment Decision
—
Are Government Deficits
Inflationary?
General Implications of the Examples
10
New Econometric Methods
11
Historical and
Cross-Country
Analysis
13
Implications for Policymakers
15
2.
Reaganomics and Credibility
17
Dynamic Games
19
An Economy as a Dynamic Game
21
Are Government Deficits Inflationary?
26
Reaganomics and Credibility
33
Conclusion
36
3.
The Ends of Four Big Inflations
38
Introduction
38
The Gold Standard
42
Austria
47
VII
viii Contents
Hungary
53
Poland
* 58
Germany
60
Czechoslovakia
64
Conclusion
66
Appendix
67
4.
Stopping Moderate Inflations: The Methods
of
poincaré
and thatcher 111
Introduction 111
The
Poincaré Miracle
116
The British Experience
123
Mrs. Thatcher s Plan
124
The Outcome of the Plan So Far
129
Overshooting the £M3 Target
130
The Government Deficit
132
North Sea Oil and the Pound Sterling
136
Conclusion
142
Second Thoughts
143
Foincaré
and Moreau
Methods of Thatcher and Reagan
145
Where to Play Chicken
146
5.
Some Unpleasant Monetarist Arithmetic
162
with Neil Wallace
Introduction
162
A Simple Monetarist Model
166
The Cagan-Bresciani-Turroni Effect
171
Conclusions and Qualifications
173
Appendix
1 177
Appendix
2 180
Appendix
3
by Danny Quah
193
6.
Interpreting the Reagan Deficits
197
Government Budget Balance
197
Barro
Tax Smoothing
199
Wallace s Game of Chicken
204
Conclusion
207
Contents ix
Appendix 208
Hall s
Model — Barro s Model
7.
Speculations about the Speculation against
the Hong Kong Dollar
211
with David T. Beers and Neil Wallace
A Look at Hong Kong s Monetary System
212
The Official Float Policy
214
An Indeterminate Exchange Rate?
215
A Timely Depreciation
218
Hong Kong s Other Options
222
Epilogue
223
8.
Six Essays in Persuasion
228
Back to Basics on Budgets
228
Confrontations over Deficits
231
An Open Letter to the Brazilian Finance Minister
233
Letter to Another Brazilian Finance Minister
237
The Economics Are Simple
—
Credibility
—
A
Delicate Institutional Issue
—
Advice
Reasonable Doubt about the Real Plan
241
An American History Lesson for Europe
245
9.
Macroeconomic Features of the French Revo¬
lution
248
with
François R.
Velde
Introduction
248
Chronology of Events
—
Macroeconomic Theories
Coloring Our Observations
Before the Revolution
251
Even Absolute Monarchies Have Budget Constraints
—
The British Experience
—
Across the Channel
—
French Fiscal Backwardness or Optimality?
—
Snapshot of the Old Regime Laws
—
Offices
—
Taxes
—
Apology for the Old Regime
—
Fiscal Pressures
to Reform
—
Sentiment for Copying Britain
—
A
Temptation Resisted
—
Sustainability or Bad Choices?
—
The Last Fiscal Crisis of the Old Regime
Contents
The Search for a New Order
267
Annus
Mirabilis
(1789) —
Some Adverse and
Persistent Revenue Shocks
—
Designing a New Tax
System
—
Birth of a Currency
Rise and Fall of the
Assignat
274
A Real-Bills Regime
(1790-92) —
War
—
Terror
(1793-94) —
Legal Restrictions
—
Hyperinflation
(1795-96) —
The Government s Response
—
Default
The Legacy
292
Unintended Consequences for England through
Specie Flows
Appendix: The Auction Mechanism
294
10.
United States Then, Europe Now
297
Introduction
297
The Math
300
Need for More Economic Theory?
—
A Humbling
Message?
—
Modeling Reforms
The United States
307
Victorious but in Default
—
Trade Policies
—
Crisis
and a Second Revolution
Restructuring Fiscal Institutions
310
The Order of Fiscal and Monetary Reorganizations
—
Fiscal Policy
—
Discrimination and Liquidity
—
Federal Bailout of States
—
Why Pay?
—
Monetary
Arrangements
—
A National Bank?
—
A Mint
—
Outcomes
Following Through?
319
Federal and State Paper Monies?
—
What Kind of
Currency Union?
What Kind of Fiscal Union?
323
Another Federal Bailout of the States?
Lessons for Now?
328
Appendix: Outcomes in Graphs
331
Data Sources
References
339
Author Index
357
Subject Index
361
|
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| id | DE-604.BV041082075 |
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| indexdate | 2024-07-10T00:39:10Z |
| institution | BVB |
| isbn | 9780691158709 |
| language | English |
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| physical | XXIII, 364 S. graph. Darst. |
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| spelling | Rational expectations and inflation Thomas J. Sargent 3. ed. Princeton, NJ [u.a.] Princeton Univ. Press 2013 XXIII, 364 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier MAKROÖKONOMIE INFLATION (GELD UND WÄHRUNG) SPEKULATIONSHANDEL VEREINIGTE STAATEN VON AMERIKA (NORDAMERIKA), USA EUROPA MACROÉCONOMIE MACROECONOMICS INFLATION (ARGENT ET MONNAIE) INFLATION (MONEY AND CURRENCY) SPECULATION/COMMERCE SPECULATIF (COMMERCE) SPECULATIVE TRADING ÉTATS-UNIS D'AMÉRIQUE (AMÉRIQUE DU NORD) UNITED STATES OF AMERICA (NORTH AMERICA), USA EUROPE Rationale Erwartung (DE-588)4121553-9 gnd rswk-swf Inflation (DE-588)4026887-1 gnd rswk-swf Erwartung (DE-588)4015434-8 gnd rswk-swf Erwartungsbildung (DE-588)4193073-3 gnd rswk-swf Rationale Erwartung (DE-588)4121553-9 s Erwartungsbildung (DE-588)4193073-3 s Inflation (DE-588)4026887-1 s DE-604 Erwartung (DE-588)4015434-8 s 1\p DE-604 Sargent, Thomas J. 1943- Sonstige (DE-588)118751298 oth Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026058844&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Rational expectations and inflation MAKROÖKONOMIE INFLATION (GELD UND WÄHRUNG) SPEKULATIONSHANDEL VEREINIGTE STAATEN VON AMERIKA (NORDAMERIKA), USA EUROPA MACROÉCONOMIE MACROECONOMICS INFLATION (ARGENT ET MONNAIE) INFLATION (MONEY AND CURRENCY) SPECULATION/COMMERCE SPECULATIF (COMMERCE) SPECULATIVE TRADING ÉTATS-UNIS D'AMÉRIQUE (AMÉRIQUE DU NORD) UNITED STATES OF AMERICA (NORTH AMERICA), USA EUROPE Rationale Erwartung (DE-588)4121553-9 gnd Inflation (DE-588)4026887-1 gnd Erwartung (DE-588)4015434-8 gnd Erwartungsbildung (DE-588)4193073-3 gnd |
| subject_GND | (DE-588)4121553-9 (DE-588)4026887-1 (DE-588)4015434-8 (DE-588)4193073-3 |
| title | Rational expectations and inflation |
| title_auth | Rational expectations and inflation |
| title_exact_search | Rational expectations and inflation |
| title_full | Rational expectations and inflation Thomas J. Sargent |
| title_fullStr | Rational expectations and inflation Thomas J. Sargent |
| title_full_unstemmed | Rational expectations and inflation Thomas J. Sargent |
| title_short | Rational expectations and inflation |
| title_sort | rational expectations and inflation |
| topic | MAKROÖKONOMIE INFLATION (GELD UND WÄHRUNG) SPEKULATIONSHANDEL VEREINIGTE STAATEN VON AMERIKA (NORDAMERIKA), USA EUROPA MACROÉCONOMIE MACROECONOMICS INFLATION (ARGENT ET MONNAIE) INFLATION (MONEY AND CURRENCY) SPECULATION/COMMERCE SPECULATIF (COMMERCE) SPECULATIVE TRADING ÉTATS-UNIS D'AMÉRIQUE (AMÉRIQUE DU NORD) UNITED STATES OF AMERICA (NORTH AMERICA), USA EUROPE Rationale Erwartung (DE-588)4121553-9 gnd Inflation (DE-588)4026887-1 gnd Erwartung (DE-588)4015434-8 gnd Erwartungsbildung (DE-588)4193073-3 gnd |
| topic_facet | MAKROÖKONOMIE INFLATION (GELD UND WÄHRUNG) SPEKULATIONSHANDEL VEREINIGTE STAATEN VON AMERIKA (NORDAMERIKA), USA EUROPA MACROÉCONOMIE MACROECONOMICS INFLATION (ARGENT ET MONNAIE) INFLATION (MONEY AND CURRENCY) SPECULATION/COMMERCE SPECULATIF (COMMERCE) SPECULATIVE TRADING ÉTATS-UNIS D'AMÉRIQUE (AMÉRIQUE DU NORD) UNITED STATES OF AMERICA (NORTH AMERICA), USA EUROPE Rationale Erwartung Inflation Erwartung Erwartungsbildung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=026058844&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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