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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| Other Authors: | , |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Chicago ; London :
The University of Chicago Press,
2013.
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| Series: | National Bureau of Economic Research conference report.
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| Subjects: | |
| Online Access: | CONNECT |
Table of Contents:
- Preface; Introduction; Practical Experiences in Reducing Inflation: The Case of New Zealand; Practical Experiences in Reducing Inflation: The Case of Canada; 1. The Great Inflation: Did the Shadow Know Better?; 2. The Supply- Shock Explanation of the Great Stagflation Revisited; 3. The Great Inflation Drift; 4. Falling Behind the Curve: A Positive Analysis of Stop- Start Monetary Policies and the Great Inflation; 5. Monetary Policy Mistakes and the Evolution of Inflation Expectations; 6. Opting Out of the Great Inflation: German Monetary Policy after the Breakdown of Bretton Woods.
- 7. Great Inflation and Central Bank Independence in Japan8. The Great Inflation in the United States and the United Kingdom: Reconciling Policy Decisions and Data Outcomes; 9. Bretton Woods and the Great Inflation; Lessons from History; The Great Inflation: Lessons for Central Banks; Understanding Inflation: Lessons of the Past for the Future; Contributors; Author Index; Subject Index.
