The great inflation : the rebirth of modern central banking /

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This v...

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Bibliographic Details
Other Authors: Bordo, Michael D., Orphanides, Athanasios
Format: Electronic eBook
Language:English
Published: Chicago ; London : The University of Chicago Press, 2013.
Series:National Bureau of Economic Research conference report.
Subjects:
Online Access:CONNECT
Description
Summary:Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and '80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period's.
Item Description:EBSCO eBook Academic Comprehensive Collection North America
EBSCO eBook Business Collection
Physical Description:1 online resource
Bibliography:Includes bibliographical references.
ISBN:9780226043555
022604355X
1299605249
9781299605244