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collapse of the Bretton Woods System between 1971 and 1973 was rising US inflation since 1965. It was driven in turn by … imports and a ninety-day wage-price freeze), was that US inflation, driven by macro-policies, was the main problem facing the … Arthur F. Burns, Nixon adopted wage and price controls to mask the inflation, hence punting the problem into the future. I …
Persistent link: https://www.econbiz.de/10012310781
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applied to quarterly and monthly US inflation in an empirical study. We find that the persistence of quarterly inflation has … and density forecasts for monthly US inflation. …
Persistent link: https://www.econbiz.de/10011809984
The contrast between the early nineteenth century Argentinean experience of high inflation and the American experience … of low inflation is interpreted in terms of a dynamic monetary model of optimal taxation. It is argued that the two … the inflation tax may be viewed as an optimal solution to its wartime problems. By contrast, with the exception of the …
Persistent link: https://www.econbiz.de/10012471950
"Proceedings from the 2022 Hoover Institution monetary policy conference examine recent inflation in the wake of fiscal … and other shocks and measures by the Federal Reserve intended to counter inflation." …
Persistent link: https://www.econbiz.de/10013460981
The contrast between the early nineteenth century Argentinean experience of high inflation and the American experience … of low inflation is interpreted in terms of a dynamic monetary model of optimal taxation. It is argued that the two … the inflation tax may be viewed as an optimal solution to its wartime problems. By contrast, with the exception of the …
Persistent link: https://www.econbiz.de/10014208375
"Experts in economic policy debate the 2021 surge in inflation, why the Federal Reserve was slow to respond, and … whether rule-like policy is the best approach to controlling inflation." …-world lessons for first-world monetary policy / Anusha Chari and Peter Blair Henry -- Inflation targeting in Japan, 2013 …
Persistent link: https://www.econbiz.de/10014432541
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"The importance of international considerations in the US Federal Reserve System's deliberations has become more and more important over time as global financial crises and events create ever stronger repercussions in the US economy. This book critically evaluates the role of the Federal Reserve...
Persistent link: https://www.econbiz.de/10011386229