Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Inflation and Investment Controls in China written by Yasheng Huang and published by Cambridge University Press. This book was released on 1999-11-13 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: A political-economic analysis of how China has been able to avoid hyperinflation while maintaining high annual growth rates.
Download or read book Controlling Inflation written by United States. Congress. House. Committee on the Budget. Task Force on Tax Policy and published by . This book was released on 1981 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Controlling Inflation written by Clarence Barber and published by James Lorimer & Company. This book was released on 1982-01-01 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Forty Centuries of Wage and Price Controls written by Robert L. Schuettinger. and published by Ludwig von Mises Institute. This book was released on 1979 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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!
Download or read book Controlling Inflation written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-03-24 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Inflation Control Program of OPA written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1945 with total page 950 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Controlling the New Inflation written by Thomas J. Dougherty and published by Free Press. This book was released on 1981 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxation and Inflation Control written by Louis Shere and published by . This book was released on 1948 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Inflation Targeting Debate written by Ben S. Bernanke and published by University of Chicago Press. This book was released on 2007-11-01 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Inflation Targeting written by Ben Bernanke and published by Princeton University Press. This book was released on 1999 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text begins by explaining the unique features and advantages of inflation targeting. The authors argue that the simplicity and openness of inflation targeting make it far easier to understand the intent and effects of monetary policy. They examine the approach in nine countries. How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is a study of inflation targeting. Combining theoretical analysis with empirical studies of countries where inflation targeting has been adopted, the authors show that the strategy has clear advantages over traditional policies. They argue that the US Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so. The authors warn, however, that the success of inflation targeting depends on operational details, such as how the targets are defined and when they are announced. They also show that inflation targeting is not a panacea that can make inflation perfectly predictable or reduce it without economic costs.
Download or read book Monetary Policy Strategy written by Frederic S. Mishkin and published by MIT Press. This book was released on 2009-08-21 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading academic authority and policymaker discusses monetary policy strategy from the perspectives of both scholar and practitioner, offering theory, econometric evidence, and extensive case studies. This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering published papers, new introductory material, and a summing up, “Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask,” which reflects on what we have learned about monetary policy over the last thirty years. Mishkin blends theory, econometric evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anchor; fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.
Download or read book The Role of Productivity in Controlling Inflation written by Otto Eckstein and published by . This book was released on 1974 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pamphlet studying the role of productivity in limiting inflation in the USA - includes statistical tables.
Download or read book Controlling Inflation written by United States. Congress. House. Committee on the Budget. Task Force on Tax Policy and published by . This book was released on 1981 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inflation Under Control written by Jerry E. Pohlman and published by Reston, Va. : Reston Publishing Company. This book was released on 1976 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic research monograph on the problem of inflation with unemployment in the USA - examines economic policies and wage policy-price policy and other controls, non-inflationary full employment, efforts to achieve the economic stabilization programme, etc., and discusses various economic theories. Bibliography pp. 233 to 241, diagrams, graphs and statistical tables.
Download or read book How Inflation Works written by Joyce Hart and published by The Rosen Publishing Group, Inc. This book was released on 2009-08-15 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes inflation and why it occurs, including its significance in the economy, how it affects everyday investors, and how it is controlled.
Download or read book Price Control and Inflation written by Chamber of Commerce of the United States of America. Economic Research Department and published by . This book was released on 1959 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
