The Great Inflation

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226066959
Total Pages : 545 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Great Inflation by : Michael D. Bordo

Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Inflation Expectations

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Author :
Publisher : Routledge
ISBN 13 : 1135179778
Total Pages : 402 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Inflation Expectations by : Peter J. N. Sinclair

Download or read book Inflation Expectations written by Peter J. N. Sinclair and published by Routledge. This book was released on 2009-12-16 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.

Administrative Inflation and Public Policy

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Author :
Publisher : Anderson Kramer Associates
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Administrative Inflation and Public Policy by : Gardiner Coit Means

Download or read book Administrative Inflation and Public Policy written by Gardiner Coit Means and published by Anderson Kramer Associates. This book was released on 1959 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Encyclopedia of Public Policy and Administration Volume 2

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Author :
Publisher : Routledge
ISBN 13 : 0429724012
Total Pages : 1297 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis International Encyclopedia of Public Policy and Administration Volume 2 by : Jay M. Shafritz

Download or read book International Encyclopedia of Public Policy and Administration Volume 2 written by Jay M. Shafritz and published by Routledge. This book was released on 2019-03-22 with total page 1297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This encyclopedia includes entries on the concepts, issues and theories starting with alphabets D to K that define public policymaking, evaluation, management and implementation. It also includes entries on the individuals, commissions and organizations that have contributed to these fields.

International Encyclopedia of Public Policy and Administration Volume 1

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Publisher : Routledge
ISBN 13 : 0429703996
Total Pages : 658 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis International Encyclopedia of Public Policy and Administration Volume 1 by : Jay Shafritz

Download or read book International Encyclopedia of Public Policy and Administration Volume 1 written by Jay Shafritz and published by Routledge. This book was released on 2019-03-01 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first volume of a four-volume encyclopaedia which combines public administration and policy and contains approximately 900 articles by over 300 specialists. This Volume covers entries from A to C. It covers all of the core concepts, terms and processes of applied behavioural science, budgeting, comparative public administration, develo

International Encyclopedia of Public Policy and Administration Volume 3

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Author :
Publisher : Routledge
ISBN 13 : 0429724020
Total Pages : 1334 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis International Encyclopedia of Public Policy and Administration Volume 3 by : Jay Shafritz

Download or read book International Encyclopedia of Public Policy and Administration Volume 3 written by Jay Shafritz and published by Routledge. This book was released on 2019-03-01 with total page 1334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third volume of a four-volume encyclopaedia which combines public administration and policy and contains approximately 900 articles by over 300 specialists. This Volume covers entries from L to Q. It covers all of the core concepts, terms and processes of applied behavioural science, budgeting, comparative public administration, develop

The Politics of Inflation and Economic Stagnation

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 9780815723677
Total Pages : 646 pages
Book Rating : 4.7/5 (236 download)

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Book Synopsis The Politics of Inflation and Economic Stagnation by : Leon Lindberg

Download or read book The Politics of Inflation and Economic Stagnation written by Leon Lindberg and published by Brookings Institution Press. This book was released on 1985-06-01 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inflation of the 1970s represented the greatest peacetime disruption of the Western economies since the Depression. Even as inflation receded, the recession in its wake brought more joblessness than at any time since the 1930s. The governments of industrialized nations found that the economic policies they had developed since World War II no longer assured price stability or high employment. What are the lessons of over a decade of economic difficulty? In this conference volume, which focuses on aspects of the crisis that economists often presuppose to be beyond control, the authors analyze the political and social underpinning of inflation and recession. Part 1 places the economic problems of the 1970s in the historical context of postwar development and then compares economic and political science analyses of inflation. Part 2 examines how rivalries between social groups affect inflationary processes. One chapter draws on the history of Latin American inflation to suggest the conflicts in play. Two others weigh the role of labor and industry in the formation of economic policy. And another shows how rivalry between countries, like rivalry between classes at home, permitted inflation to rise. The chapters in part 3 contest the claim that big government or big labor causes inflation. Two studies emphasize that a high degree of public expenditure does not itself lead to inflation. Further contributions explore the role of central banks and subject such concepts as the political business cycle to critical analysis. Part 4 comprises case studies about macroeconomic policymaking in four nations: Italy, Germany, Japan, and Sweden. The studies reveal what institutional attributes rendered those countries resistant to inflation or vulnerable to economic setback. In the last part, the editors pull together the findings and lay out the contemporary political feasibility of alternative approaches to macroeconomic management.

Jimmy Carter's Economy

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Author :
Publisher : Univ of North Carolina Press
ISBN 13 : 0807861243
Total Pages : 363 pages
Book Rating : 4.8/5 (78 download)

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Book Synopsis Jimmy Carter's Economy by : W. Carl Biven

Download or read book Jimmy Carter's Economy written by W. Carl Biven and published by Univ of North Carolina Press. This book was released on 2003-10-16 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: The massive inflation and oil crisis of the 1970s damaged Jimmy Carter's presidency. In Jimmy Carter's Economy, Carl Biven traces how the Carter administration developed and implemented economic policy amid multiple crises and explores how a combination of factors beyond the administration's control came to dictate a new paradigm of Democratic Party politics. Jimmy Carter inherited a deeply troubled economy. Inflation had been on the rise since the Johnson years, and the oil crisis Carter faced was the second oil price shock of the decade. In addition, a decline in worker productivity and a rise in competition from Germany and Japan compounded the nation's economic problems. The resulting anti-inflation policy that was forced on Carter included controlling public spending, limiting the expansion of the welfare state, and postponing popular tax cuts. Moreover, according to Biven, Carter argued that the ambitious policies of the Great Society were no longer possible in an age of limits and that the Democratic Party must by economic necessity become more centrist.

An Institutionalist Guide to Economics and Public Policy

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Author :
Publisher : M.E. Sharpe
ISBN 13 : 9780765621764
Total Pages : 356 pages
Book Rating : 4.6/5 (217 download)

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Book Synopsis An Institutionalist Guide to Economics and Public Policy by : David E. McNabb

Download or read book An Institutionalist Guide to Economics and Public Policy written by David E. McNabb and published by M.E. Sharpe. This book was released on 2007 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces public management students and government and nonprofit administrators to the practices of Knowledge Management. This book focuses on knowledge management techniques in government agencies, and it covers such concepts as collecting, categorizing, processing, distributing, and archiving critical organization data and information.

An Institutionalist Guide to Economics and Public Policy

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Author :
Publisher : Routledge
ISBN 13 : 1315495449
Total Pages : 350 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis An Institutionalist Guide to Economics and Public Policy by : Marc R. Tool

Download or read book An Institutionalist Guide to Economics and Public Policy written by Marc R. Tool and published by Routledge. This book was released on 2019-07-25 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This narrative recounts the 18th and 19th century "shipping out" of Pacific islanders aboard European and American vessels, a kind of "counter-exploring", that echoed the ancient voyages of settlement of their island ancestors.

Potential Public Policies to Deal with Inflation Caused by Market Power

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Author :
Publisher :
ISBN 13 :
Total Pages : 102 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Potential Public Policies to Deal with Inflation Caused by Market Power by : Emmette Shelburn Redford

Download or read book Potential Public Policies to Deal with Inflation Caused by Market Power written by Emmette Shelburn Redford and published by . This book was released on 1959 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Inflation and the Implications for Monetary Policy

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Author :
Publisher : MIT Press
ISBN 13 : 026225820X
Total Pages : 517 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Understanding Inflation and the Implications for Monetary Policy by : Jeff Fuhrer

Download or read book Understanding Inflation and the Implications for Monetary Policy written by Jeff Fuhrer and published by MIT Press. This book was released on 2009-09-11 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current perspectives on the Phillips curve, a core macroeconomic concept that treats the relationship between inflation and unemployment. In 1958, economist A. W. Phillips published an article describing what he observed to be the inverse relationship between inflation and unemployment; subsequently, the “Phillips curve” became a central concept in macroeconomic analysis and policymaking. But today's Phillips curve is not the same as the original one from fifty years ago; the economy, our understanding of price setting behavior, the determinants of inflation, and the role of monetary policy have evolved significantly since then. In this book, some of the top economists working today reexamine the theoretical and empirical validity of the Phillips curve in its more recent specifications. The contributors consider such questions as what economists have learned about price and wage setting and inflation expectations that would improve the way we use and formulate the Phillips curve, what the Phillips curve approach can teach us about inflation dynamics, and how these lessons can be applied to improving the conduct of monetary policy. Contributors Lawrence Ball, Ben Bernanke, Oliver Blanchard, V. V. Chari, William T. Dickens, Stanley Fischer, Jeff Fuhrer, Jordi Gali, Michael T. Kiley, Robert G. King, Donald L. Kohn, Yolanda K. Kodrzycki, Jane Sneddon Little, Bartisz Mackowiak, N. Gregory Mankiw, Virgiliu Midrigan, Giovanni P. Olivei, Athanasios Orphanides, Adrian R. Pagan, Christopher A. Pissarides, Lucrezia Reichlin, Paul A. Samuelson, Christopher A. Sims, Frank R. Smets, Robert M. Solow, Jürgen Stark, James H. Stock, Lars E. O. Svensson, John B. Taylor, Mark W. Watson

The Great Demographic Reversal

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Author :
Publisher : Springer Nature
ISBN 13 : 3030426572
Total Pages : 260 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis The Great Demographic Reversal by : Charles Goodhart

Download or read book The Great Demographic Reversal written by Charles Goodhart and published by Springer Nature. This book was released on 2020-08-08 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality. “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others. This book will be of interest and understandable to anyone with an interest on where the world’s economy may be going.

The Administrative State

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Publisher : Routledge
ISBN 13 : 1351486330
Total Pages : 384 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis The Administrative State by : Dwight Waldo

Download or read book The Administrative State written by Dwight Waldo and published by Routledge. This book was released on 2017-09-04 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This classic text, originally published in 1948, is a study of the public administration movement from the viewpoint of political theory and the history of ideas. It seeks to review and analyze the theoretical element in administrative writings and to present the development of the public administration movement as a chapter in the history of American political thought.The objectives of The Administrative State are to assist students of administration to view their subject in historical perspective and to appraise the theoretical content of their literature. It is also hoped that this book may assist students of American culture by illuminating an important development of the first half of the twentieth century. It thus should serve political scientists whose interests lie in the field of public administration or in the study of bureaucracy as a political issue; the public administrator interested in the philosophic background of his service; and the historian who seeks an understanding of major governmental developments.This study, now with a new introduction by public policy and administration scholar Hugh Miller, is based upon the various books, articles, pamphlets, reports, and records that make up the literature of public administration, and documents the political response to the modern world that Graham Wallas named the Great Society. It will be of lasting interest to students of political science, government, and American history.

Public Administration and Public Policy in Ireland

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Author :
Publisher : Routledge
ISBN 13 : 1134458894
Total Pages : 273 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Public Administration and Public Policy in Ireland by : Maura Adshead

Download or read book Public Administration and Public Policy in Ireland written by Maura Adshead and published by Routledge. This book was released on 2003-09-02 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to public policy and administration in Ireland. It covers all the main theories and methods associated with public administration and public policy and illustrates these with a wide variety of case studies.

The Deficit Myth

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Publisher : PublicAffairs
ISBN 13 : 1541736206
Total Pages : 311 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis The Deficit Myth by : Stephanie Kelton

Download or read book The Deficit Myth written by Stephanie Kelton and published by PublicAffairs. This book was released on 2020-06-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

Council on Wage and Price Stability Act Amendments of 1975

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Publisher :
ISBN 13 :
Total Pages : 364 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Council on Wage and Price Stability Act Amendments of 1975 by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Council on Wage and Price Stability Act Amendments of 1975 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1975 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: