The American Economy

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Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The American Economy by : United States. Panel on the American Economy: Employment, Productivity, and Inflation

Download or read book The American Economy written by United States. Panel on the American Economy: Employment, Productivity, and Inflation and published by . This book was released on 1981 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Money Employment and Inflation

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Publisher : Cambridge University Press
ISBN 13 : 9780521068659
Total Pages : 0 pages
Book Rating : 4.0/5 (686 download)

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Book Synopsis Money Employment and Inflation by : Robert J. Barro

Download or read book Money Employment and Inflation written by Robert J. Barro and published by Cambridge University Press. This book was released on 2008-07-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a textbook on macroeconomic theory that attempts to rework the theory of macroeconomic relations through a re-examination of their microeconomic foundations. In the tradition of Keynes's General Theory of Employment, Interest and Money (published in 1936), and Patinkin's Money, Interest, and Prices, published in 1956 and revised in 1965, this book represents a third generation of macroeconomic theory. This book presents a comprehensive choice-theoretic analysis of the determination of the level of employment and the rate of inflation. A central feature of the book is the recasting of macroeconomic analysis in terms of a theory of exchange under non-market-clearing conditions. In addition, the analysis incorporates other aspects of the current reformulation of macroeconomic theory, including the relation between inflationary expectations, rates of return, and unemployment, the dynamics of aggregate demand, and the significance of incomplete information regarding the spatial distribution of wages and prices.

Workers, Jobs, and Inflation

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Publisher : Washington, D.C. : Brookings Institution
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis Workers, Jobs, and Inflation by : Martin Neil Baily

Download or read book Workers, Jobs, and Inflation written by Martin Neil Baily and published by Washington, D.C. : Brookings Institution. This book was released on 1982 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market performance, competition, and inflation; Unemployment, unsatisfied demand for labor, and compensation growth, 1956-80; Inflation, flexible exchange rates and the natural - of unemployment; Feedback between monetary policy, labor market activity, and wage inflation, 1955-78.

Unemployment and Inflation

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Publisher : Routledge
ISBN 13 : 1351537903
Total Pages : 393 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Unemployment and Inflation by : MichaelJ. Piore

Download or read book Unemployment and Inflation written by MichaelJ. Piore and published by Routledge. This book was released on 2017-07-05 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1979, this reader presents an industrialist view of the labour market and economics as they stood at the time in the United States. The essays collated aim to answer macroeconomic questions on this topic as well as exploring issues related closely to employment and inflation. This title will be of interest to students of business and economics.

Employment without Inflation

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Publisher : Routledge
ISBN 13 : 1351292358
Total Pages : 384 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Employment without Inflation by : Benjamin Higgins

Download or read book Employment without Inflation written by Benjamin Higgins and published by Routledge. This book was released on 2018-01-16 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy has undergone a fundamental transformation in recent decades and theoretical structures inherited from the 1930s through the 1950s, while retaining large elements of truth, are inadequate to deal with current problems. Benjamin Higgins feels that for a society such as the United States a fiscal policy needs to be adopted that can deal simultaneously with existing unemployment and inflation. He suggests three possible governmental policies: stimulating a high rate of long-run growth, by use of reward innovations and by maintaining the highest possible level of scientific and technical activity; isolating regions that are generators of inflation and others that are pools for unemployment; and establishing a system of direct controls similar to those used in wartime. Higgins describes the transformation of the cogent prewar business cycle, with its alternations of inflation or unemployment, then a transitional period of underemployment equilibrium and secular stagnation, and finally, the strange new world of today, one with economic fluctuations in the form of shifting trade-off curves and loops. He then applies his new paradigm to current problems, showing why they cannot be managed through macroeconomic monetary and fiscal policy. Higgins offers case studies of efforts to fight inflation and unemployment, and to reduce regional gaps, to show their strengths and weaknesses. It can be said that unemployment always results from too many people chasing too few jobs, and inflation is always caused by too much money chasing too few goods and services. Beyond such banal generalizations, Higgins maintains there is no single cause for either unemployment or inflation, and thus no single cure can be prescribed for either, let alone for both at once. Nor is it to be expected that the appropriate cure will prove to be the same in all countries at all times. He suggests that an optimal blend of monetary and fiscal policy that will produce the "minimum discomfort" is a good start. Employment Without Inflation will be of direct policy interest to economists, sociologists, and national planners.

The Great Inflation

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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 and Employment in Open Economies

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Publisher : North-Holland
ISBN 13 :
Total Pages : 358 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Inflation and Employment in Open Economies by : Assar Lindbeck

Download or read book Inflation and Employment in Open Economies written by Assar Lindbeck and published by North-Holland. This book was released on 1979 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Inflation-Unemployment Trade-off at Low Inflation

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Publisher : International Monetary Fund
ISBN 13 : 1451871813
Total Pages : 48 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis The Inflation-Unemployment Trade-off at Low Inflation by : Pierpaolo Benigno

Download or read book The Inflation-Unemployment Trade-off at Low Inflation written by Pierpaolo Benigno and published by International Monetary Fund. This book was released on 2009-03-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wage setters take into account the future consequences of their current wage choices in the presence of downward nominal wage rigidities. Several interesting implications arise. First, a closed-form solution for a long-run Phillips curve relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes flatter as inflation declines. Second, macroeconomic volatility shifts the Phillips curve outward, implying that stabilization policies can play an important role in shaping the trade-off. Third, nominal wages tend to be endogenously rigid also upward, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation.

Fuller Employment with Less Inflation

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Publisher : Kalamazoo, Mich. : W.E. Upjohn Institute for Employment Research
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Fuller Employment with Less Inflation by : Irving Herbert Siegel

Download or read book Fuller Employment with Less Inflation written by Irving Herbert Siegel and published by Kalamazoo, Mich. : W.E. Upjohn Institute for Employment Research. This book was released on 1981 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays on economic policy options for combating inflation and reducing unemployment in view of attaining full employment in the USA - discusses alternative policy measures in respect of incomes policy, wage policy, price policy and price stabilization, fiscal policy, monetary policy, employment policy and productivity policy, and proposes a system for statistical analysis in which hourly earnings, unit labour costs, productivity and prices are treated symmetrically. References.

Studies in Macroeconomic Theory

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Publisher : Academic Press
ISBN 13 : 1483271188
Total Pages : 433 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Studies in Macroeconomic Theory by : Edmund S. Phelps

Download or read book Studies in Macroeconomic Theory written by Edmund S. Phelps and published by Academic Press. This book was released on 2014-05-10 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies in Macroeconomic Theory, Volume 1: Employment and Inflation is a collection of scholarly papers that accounts the development of a microeconomic theory of wage and price decisions and commitments. The book presents some features of the modern inflationary process and makes sense of some still accepted elements in the postclassical macroeconomics of Keynes and Phillips. The papers in this volume are grouped into seven sections. Part I describes disequilibrium models of employment. Part II gives closer scrutiny to the idea of the "natural" rate of unemployment. Part III studies the welfare economics of inflation in an equilibrium context. The fourth part deals with inflation planning. The papers in Part V discuss hypotheses about the causes of the rise in the rate of inflation in two historical episodes: the American inflation between 1955 - 1957 and 1972 - 1974. Part VI addresses some questions in the theory of economic stabilization by monetary and fiscal policy. The final section of this volume attempts to apply to matters of stochastic social choice, stabilization policy being one instance of such a choice, the conception of justice advanced by Rawls. The compendium will be of value to economists and economic policy makers.

Inflation and Unemployment

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Publisher : Routledge
ISBN 13 : 1317216784
Total Pages : 444 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Inflation and Unemployment by : Victor E. Argy

Download or read book Inflation and Unemployment written by Victor E. Argy and published by Routledge. This book was released on 2016-04-20 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1985 and contributed to by internationally renowned economists, this volume discusses theoretical issues and country-specific experiences to review the underlying causes of the stagflation of the 1970s and early 1980s, as well as summarizing the kinds of macro-policies that were adopted to deal with the stagflation.

Employment and Economic Performance

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Publisher : OUP Oxford
ISBN 13 : 9780198290933
Total Pages : 284 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Employment and Economic Performance by : Jonathan Michie

Download or read book Employment and Economic Performance written by Jonathan Michie and published by OUP Oxford. This book was released on 1997 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a post-war assumption that full employment could be maintained through demand management techniques, we now live in an entirely different world. The contributors to this volume consider whether full employment is possible or affordable.

Inflation and Unemployment

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Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis Inflation and Unemployment by : United States. Congressional Budget Office

Download or read book Inflation and Unemployment written by United States. Congressional Budget Office and published by . This book was released on 1975 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Unemployment-inflation Dilemma

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Publisher :
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.:/5 (42 download)

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Book Synopsis The Unemployment-inflation Dilemma by : Charles C. Holt

Download or read book The Unemployment-inflation Dilemma written by Charles C. Holt and published by . This book was released on 1971 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic research report on the limitations of present government policies for the elimination of unemployment and inflation in the USA - covers economic theories on the dynamics of prices and wages, economic implications of employment policy for the maintenance of full employment, the efficiency of monetary policy and fiscal policy formulation, social implications of labour force training programmes, etc. Bibliography pp. 103 to 107.

Inflation and Unemployment

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Publisher :
ISBN 13 : 9780030410161
Total Pages : 214 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Inflation and Unemployment by : Samuel A. Morley

Download or read book Inflation and Unemployment written by Samuel A. Morley and published by . This book was released on 1979 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Full Employment Without Inflation

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (596 download)

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Book Synopsis Full Employment Without Inflation by : John Grieve Smith

Download or read book Full Employment Without Inflation written by John Grieve Smith and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Full Employment without Inflation

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Publisher : Springer
ISBN 13 : 1349176974
Total Pages : 265 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Full Employment without Inflation by : Tim Hazledine

Download or read book Full Employment without Inflation written by Tim Hazledine and published by Springer. This book was released on 1984-12-09 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: