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countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels … the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets … framework -- 10. The experience of inflation targeting since 1993 -- 11. Reflections on the Bank of Canada's monetary policy …
Persistent link: https://www.econbiz.de/10011851789
of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social … -- Wicksellianism in a risky world -- The cost of inflation as moneylessness -- The cost of inflation as creditlessness -- A …This book explores the causes, costs and benefits of inflation. It argues that while the cause of inflation is …
Persistent link: https://www.econbiz.de/10012420049
It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this … presented in its place. The book aims to provide the foundations for a new analysis of inflation from a macroeconomic … in order to gain a thorough comprehension of inflation it is necessary to focus on the formation of national income, not …
Persistent link: https://www.econbiz.de/10014474108
1. Introduction -- 2. Inflation and monetary regimes -- 3. Inflation under metallic monetary regimes -- 4. Moderate … paper money inflations -- 5. Characteristics of hyperinflations -- 6. Currency competition, inflation, Gresham's law and …
Persistent link: https://www.econbiz.de/10011851086
The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of credit and money. This book extends horizontalism beyond its traditional boundaries and makes it consistent with the post-Keynesian theories of output and the open economy. The...
Persistent link: https://www.econbiz.de/10014473823
. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume …
Persistent link: https://www.econbiz.de/10014473936
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
"This ground-breaking book analyses the severe monetary policy challenges facing Latin American countries. Contributors reflect on how these issues should be addressed by policy-makers, identifying the need for a synergic response from regional central banks. Arguing that the challenges...
Persistent link: https://www.econbiz.de/10014437071
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