Reducing inflation :: motivation and strategy /
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 strategie...
Gespeichert in:
| Weitere Verfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Chicago :
University of Chicago Press,
1997.
|
| Schriftenreihe: | Studies in business cycles ;
no. 30. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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. |
| Beschreibung: | 1 online resource (ix, 421 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and indexes. |
| ISBN: | 9780226724836 0226724832 |
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| 588 | 0 | |a Print version record. | |
| 520 | |a 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. | ||
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| contents | Why do people dislike inflation? / Does inflation "grease the wheels of the labor market"? / Costs and benefits of going from low inflation to price stability / Disinflation and the NAIRU / How precise are estimates of the natural rate of unemployment? / America's peacetime inflation : the 1970s / Do "shortages" cause inflation? / Institutions for monetary stability / Why does inflation differ across countries? / How the Bundesbank conducts monetary policy / |
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| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| genre | Congress https://id.nlm.nih.gov/mesh/D016423 proceedings (reports) aat Conference papers and proceedings fast Conference papers and proceedings. lcgft http://id.loc.gov/authorities/genreForms/gf2014026068 Actes de congrès. rvmgf |
| genre_facet | Congress proceedings (reports) Conference papers and proceedings Conference papers and proceedings. Actes de congrès. |
| id | ZDB-4-EBA-ocn212810009 |
| illustrated | Illustrated |
| indexdate | 2024-11-27T13:16:18Z |
| institution | BVB |
| isbn | 9780226724836 0226724832 |
| language | English |
| oclc_num | 212810009 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (ix, 421 pages) : illustrations |
| psigel | ZDB-4-EBA |
| publishDate | 1997 |
| publishDateSearch | 1997 |
| publishDateSort | 1997 |
| publisher | University of Chicago Press, |
| record_format | marc |
| series | Studies in business cycles ; |
| series2 | Studies in business cycles ; |
| spelling | Reducing inflation : motivation and strategy / edited by Christina D. Romer and David H. Romer. Chicago : University of Chicago Press, 1997. 1 online resource (ix, 421 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003 text file rdaft http://rdaregistry.info/termList/fileType/1002 Studies in business cycles ; v. 30 Includes bibliographical references and indexes. Why do people dislike inflation? / Robert J. Shiller -- Does inflation "grease the wheels of the labor market"? / David Card and Dean Hyslop -- Costs and benefits of going from low inflation to price stability / Martin Feldstein -- Disinflation and the NAIRU / Laurence Ball -- How precise are estimates of the natural rate of unemployment? / Douglas Staiger, James H. Stock, and Mark W. Watson -- America's peacetime inflation : the 1970s / J. Bradford De Long -- Do "shortages" cause inflation? / Owen Lamont -- Institutions for monetary stability / Christina D. Romer and David H. Romer -- Why does inflation differ across countries? / Marta Campillo and Jeffrey A. Miron -- How the Bundesbank conducts monetary policy / Richard Clarida and Mark Gertler. Print version record. 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. Colección Historia (Editorial Los Amigos del Libro). Política monetaria. http://id.loc.gov/authorities/names/n2005044423 Inflation (Finance) http://id.loc.gov/authorities/subjects/sh85066112 Monetary policy. http://id.loc.gov/authorities/subjects/sh85086787 Inflation, Economic https://id.nlm.nih.gov/mesh/D007250 Inflation. Politique monétaire. BUSINESS & ECONOMICS Inflation. bisacsh Inflation (Finance) fast Monetary policy fast Inflatie. gtt Monetaire politiek. gtt Inflation. ram Politique monétaire. ram Congress https://id.nlm.nih.gov/mesh/D016423 proceedings (reports) aat Conference papers and proceedings fast Conference papers and proceedings. lcgft http://id.loc.gov/authorities/genreForms/gf2014026068 Actes de congrès. rvmgf Romer, Christina. http://id.loc.gov/authorities/names/n88645885 Romer, David. http://id.loc.gov/authorities/names/nr88012024 Print version: Reducing inflation. Chicago : University of Chicago Press, 1997 0226724840 9780226724843 (DLC) 96044811 (OCoLC)35637358 Studies in business cycles ; no. 30. http://id.loc.gov/authorities/names/n83708627 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=220118 Volltext |
| spellingShingle | Reducing inflation : motivation and strategy / Studies in business cycles ; Why do people dislike inflation? / Does inflation "grease the wheels of the labor market"? / Costs and benefits of going from low inflation to price stability / Disinflation and the NAIRU / How precise are estimates of the natural rate of unemployment? / America's peacetime inflation : the 1970s / Do "shortages" cause inflation? / Institutions for monetary stability / Why does inflation differ across countries? / How the Bundesbank conducts monetary policy / Colección Historia (Editorial Los Amigos del Libro). Política monetaria. http://id.loc.gov/authorities/names/n2005044423 Inflation (Finance) http://id.loc.gov/authorities/subjects/sh85066112 Monetary policy. http://id.loc.gov/authorities/subjects/sh85086787 Inflation, Economic https://id.nlm.nih.gov/mesh/D007250 Inflation. Politique monétaire. BUSINESS & ECONOMICS Inflation. bisacsh Inflation (Finance) fast Monetary policy fast Inflatie. gtt Monetaire politiek. gtt Inflation. ram Politique monétaire. ram |
| subject_GND | http://id.loc.gov/authorities/names/n2005044423 http://id.loc.gov/authorities/subjects/sh85066112 http://id.loc.gov/authorities/subjects/sh85086787 https://id.nlm.nih.gov/mesh/D007250 https://id.nlm.nih.gov/mesh/D016423 http://id.loc.gov/authorities/genreForms/gf2014026068 |
| title | Reducing inflation : motivation and strategy / |
| title_alt | Why do people dislike inflation? / Does inflation "grease the wheels of the labor market"? / Costs and benefits of going from low inflation to price stability / Disinflation and the NAIRU / How precise are estimates of the natural rate of unemployment? / America's peacetime inflation : the 1970s / Do "shortages" cause inflation? / Institutions for monetary stability / Why does inflation differ across countries? / How the Bundesbank conducts monetary policy / |
| title_auth | Reducing inflation : motivation and strategy / |
| title_exact_search | Reducing inflation : motivation and strategy / |
| title_full | Reducing inflation : motivation and strategy / edited by Christina D. Romer and David H. Romer. |
| title_fullStr | Reducing inflation : motivation and strategy / edited by Christina D. Romer and David H. Romer. |
| title_full_unstemmed | Reducing inflation : motivation and strategy / edited by Christina D. Romer and David H. Romer. |
| title_short | Reducing inflation : |
| title_sort | reducing inflation motivation and strategy |
| title_sub | motivation and strategy / |
| topic | Colección Historia (Editorial Los Amigos del Libro). Política monetaria. http://id.loc.gov/authorities/names/n2005044423 Inflation (Finance) http://id.loc.gov/authorities/subjects/sh85066112 Monetary policy. http://id.loc.gov/authorities/subjects/sh85086787 Inflation, Economic https://id.nlm.nih.gov/mesh/D007250 Inflation. Politique monétaire. BUSINESS & ECONOMICS Inflation. bisacsh Inflation (Finance) fast Monetary policy fast Inflatie. gtt Monetaire politiek. gtt Inflation. ram Politique monétaire. ram |
| topic_facet | Colección Historia (Editorial Los Amigos del Libro). Política monetaria. Inflation (Finance) Monetary policy. Inflation, Economic Inflation. Politique monétaire. BUSINESS & ECONOMICS Inflation. Monetary policy Inflatie. Monetaire politiek. Congress proceedings (reports) Conference papers and proceedings Conference papers and proceedings. Actes de congrès. |
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| work_keys_str_mv | AT romerchristina reducinginflationmotivationandstrategy AT romerdavid reducinginflationmotivationandstrategy |