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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
'Donoghue, Jim, Louise Goulding, and Grahame Allen (2004), "Consumer Price Inflation Since 1750," Economic Trends, 604, 38 …-1154" -- "Parkin, Michael (1998), "Unemployment, Inflation, and Monetary Policy," Canadian Journal of Economics / Revue canadienne d …'Economique 31 (5) (November), 1003-1032" -- "Ascari, Guido and Argia M. Sbordone (2014), "The Macroeconomics of Trend Inflation …
Persistent link: https://www.econbiz.de/10012419883
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 … perspective. The role of money is investigated in terms of value, prices, profit, and capital accumulation. The author argues that …
Persistent link: https://www.econbiz.de/10014474108
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
Washington Consensus and (non-) development / Hansjörg Herr and Jan Priewe -- 10. Competition, low profit margin, low inflation …. Saving, asset-price inflation, and debt-induced deflation / Michael Hudson -- 7. Unit roots in macroeconomic time series and …
Persistent link: https://www.econbiz.de/10011850557
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
operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …
Persistent link: https://www.econbiz.de/10011852035
his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …
Persistent link: https://www.econbiz.de/10011852116