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Monetary regimes, inflation and monetary reform : an essay in honor of Axel Leijonhufvud

Bordo, Michael D.; Jonung, Lars - 1994

Persistent link: https://www.econbiz.de/10000888960

The Great Inflation : the rebirth of modern central banking

Bordo, Michael D. (ed.); Orphanides, Athanasios (contributor) - 2013

Persistent link: https://www.econbiz.de/10009764646

Monetary regimes, inflation and monetary reform : an essay in honor of Axel Leijonhufvud

Bordo, Michael D.; Jonung, Lars - 1994 - Revised

Over the past decade and a half Axel Leijonhufvud has written extensively on monetary regimes and their connection to nominal and real economic performance. Monetary regimes are important because they determine whether countries follow stable or unstable monetary policies and hence have stable...

Persistent link: https://www.econbiz.de/10011577057

Chapter 3 Monetary policy regimes and economic performance: The historical record

Bordo, Michael D.; Schwartz, Anna J. - In: Handbook of macroeconomics : volume 1, part A, (pp. 149-234). 1999

both domestic and international aspects of the monetary regime before World War I has since declined in its relevance. At … and doctrine that developed under the pre-World War I convertible regime proved to be inadequate to deal with domestic … stabilization goals in the interwar period, setting the stage for the Great Depression. In the post-World War II era, the complete …

Persistent link: https://www.econbiz.de/10014024247

Three great American disinflations

Bordo, Michael D.; Erceg, Christopher J.; Levin, Andrew T. - 2007

This paper analyzes the role of transparency and credibility in accounting for the widely divergent macroeconomic effects of three episodes of deliberate monetary contraction: the post-Civil War deflation, the post-WWI deflation, and the Volcker disinflation. Using a dynamic general equilibrium...