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great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the … policy that led to this inflation. Thomas Mayer considers forecasting errors and wage and price controls in his attempt to … explain why the inflation occurred and places some of the blame on ineffective operating procedures, institutional …
Persistent link: https://www.econbiz.de/10014473850
Monetary Policy and Taiwan's Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the...
Persistent link: https://www.econbiz.de/10014474165
There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few … system and private savings in Italy -- Do the elderly dissave in Japan? -- On robust monetary policy -- The euro and the … account -- Land prices and business fixed investment in Japan -- Rationality, behavior and switching idiosyncracies in the …
Persistent link: https://www.econbiz.de/10011851839
"With Covid-19 and other recent crises proving the need to review the state-of-play and implement robust institutional frameworks in the complex, heterogenous and decentralised European supervisory architecture, this insightful book outlines what can be done to innovate the current set-up in the...
Persistent link: https://www.econbiz.de/10013462758
Debt, Deficits and Exchange Rates presents recent work by Helmut Reisen on current international monetary problems in East Asia and Latin America. Written over the last four years, these papers are readily accessible and of immediate policy relevance. The first part is concerned with the debt...
Persistent link: https://www.econbiz.de/10014473937
Combining critical perspectives with a positive contribution to economic policy, both national and international, this book considers the causes and consequences of recent financial crises presenting cutting-edge material. The editors bring together a number of well-known scholars to offer their...
Persistent link: https://www.econbiz.de/10014474013
The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In...
Persistent link: https://www.econbiz.de/10014474042
Does Financial Deregulation Work? studies the process of financial deregulation in the United States. It exposes the basic flaws in the deregulationist approach and advances a new framework for effective financial regulation. Bruce Coggins provides a detailed and comprehensive critique of the...
Persistent link: https://www.econbiz.de/10014473978
This book focuses on recent financial market reforms, and their implications for social, economic and political exclusion. In particular it considers the hitherto under-researched question of whose interests govern the design of regulatory mechanisms and who influences the decision-making...
Persistent link: https://www.econbiz.de/10011851422
-- 6. Financial reform in Hong Kong -- 7. Financial reform in Italy -- 8. Financial reform in Japan -- 9. Financial sector …
Persistent link: https://www.econbiz.de/10012420082