The Great Inflation PDF
By:Michael D. Bordo,Athanasios Orphanides
Published on 2013-06-28 by University of Chicago Press
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 rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
This Book was ranked at 38 by Google Books for keyword Banking.
Book ID of The Great Inflation's Books is do3bI7cQ_a4C, Book which was written byMichael D. Bordo,Athanasios Orphanideshave ETAG "TvULPNZULrs"
Book which was published by University of Chicago Press since 2013-06-28 have ISBNs, ISBN 13 Code is 9780226066950 and ISBN 10 Code is 0226066959
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