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Great Inflation

Language EnglishEnglish
Book Hardback
Book Great Inflation Michael D Bordo
Libristo code: 02002082
Publishers The University of Chicago Press, June 2013
Controlling inflation is among the most important objectives of economic policy. By maintaining pric... Full description
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157.37 €
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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. This volume focuses on understanding the causes of the Great Inflation of the 1970s and '80s, which saw rising inflation in many nations and propelled interest rates across the developing world into the double digits. Ever since, the immediate cause of the period's rise in inflation has been extensively debated. 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. Contributors map monetary policy from the 1960s to the present, shedding light on how the lessons of the Great Inflation were absorbed and applied to today's global and increasingly complex economic environment.

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About the book

Full name Great Inflation
Language English
Binding Book - Hardback
Date of issue 2013
Number of pages 544
EAN 9780226066950
ISBN 0226066959
Libristo code 02002082
Weight 978
Dimensions 237 x 159 x 38
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