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Inflation Deflation And Unemployment
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Book Synopsis Inflation, Deflation, and Unemployment by : LAURA. LORIA
Download or read book Inflation, Deflation, and Unemployment written by LAURA. LORIA and published by Encyclopaedia Britannica. This book was released on 2018-07-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economy can be an intimidating subject for some readers. They might feel that it's too complicated to understand, or that it's just for adults. This illuminating volume explains facets of the economy and how they are measured in plain language. It offers age-appropriate, real-life illustrations of the concepts to help middle-school readers relate on a personal level. Historical and current examples are cited throughout the text, which support curricular standards outlined in the C3 Framework for Social Studies State Standards.
Book Synopsis Inflation Policy and Unemployment Theory by : Edmund S. Phelps
Download or read book Inflation Policy and Unemployment Theory written by Edmund S. Phelps and published by London : Macmillan. This book was released on 1972 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on economic theory and economic policies relevant to unemployment and inflation, proposing a cost benefit analysis approach to optimal monetary policy for the USA - includes economic models. References and statistical tables.
Book Synopsis Unemployment and Inflation in Economic Crises by : Michael Carlberg
Download or read book Unemployment and Inflation in Economic Crises written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2012-01-31 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in Europe. In that case, monetary and fiscal interaction would cause widespread oscillations in European unemployment and European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and European government purchases. These monetary and fiscal interactions would have no effects on the American economy. Second, it examines the scenario of a supply shock in Europe, in which monetary and fiscal interactions would have no effects on European unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the European money supply. Monetary and fiscal interactions would produce uniform oscillations in American unemployment and American inflation. Lastly, we would also see an implosion of both the American money supply and American government purchases.
Book Synopsis A Phillips Curve with Anchored Expectations and Short-Term Unemployment by : Laurence M. Ball
Download or read book A Phillips Curve with Anchored Expectations and Short-Term Unemployment written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2015-02-25 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the recent behavior of core inflation in the United States. We specify a simple Phillips curve based on the assumptions that inflation expectations are fully anchored at the Federal Reserve’s target, and that labor-market slack is captured by the level of shortterm unemployment. This equation explains inflation behavior since 2000, including the failure of high total unemployment since 2008 to reduce inflation greatly. The fit of our equation is especially good when we measure core inflation with the Cleveland Fed’s series on weighted median inflation. We also propose a more general Phillips curve in which core inflation depends on short-term unemployment and on expected inflation as measured by the Survey of Professional Forecasters. This specification fits U.S. inflation since 1985, including both the anchored-expectations period of the 2000s and the preceding period when expectations were determined by past levels of inflation.
Book Synopsis Inflation and Unemployment by : Graham Dawson
Download or read book Inflation and Unemployment written by Graham Dawson and published by Edward Elgar Publishing. This book was released on 1992 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on economic events and policies in the UK and USA, this text argues against the New Right claim that inflation causes unemployment. The effects of unemployment on unemployed people are investigated and the impact of inflation on the distribution of income and wealth are assessed.
Book Synopsis Inflation and Unemployment in a Monetary Union by : Michael Carlberg
Download or read book Inflation and Unemployment in a Monetary Union written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2008-07-15 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German government is low unemployment in Germany. And the primary target of the French government is low unemployment in France. The European central bank has a quadratic loss function. The same applies to the German government and the French government. The key questions are: To what extent can the sequential process of monetary and fiscal decisions reduce the loss caused by inflation and unemployment? Is monetary and fiscal cooperation superior to the sequential process of monetary and fiscal decisions? The present book is part of a larger research project on European Monetary Union, see the references given at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association, at the International Conference on Macroeconomic Analysis, at the International Institute of Public Finance, and at the International Atlantic Economic Conference. Other parts were presented at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Göttingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, at the Research Seminar on Economics in Kassel, and at the Passau Workshop on International Economics.
Book Synopsis Capitalism's Inflation and Unemployment Crisis by : Sidney Weintraub
Download or read book Capitalism's Inflation and Unemployment Crisis written by Sidney Weintraub and published by Addison Wesley Publishing Company. This book was released on 1978 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inflation written by Robert E. Hall and published by University of Chicago Press. This book was released on 2009-05-15 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the latest thoughts of a brilliant group of young economists on one of the most persistent economic problems facing the United States and the world, inflation. Rather than attempting an encyclopedic effort or offering specific policy recommendations, the contributors have emphasized the diagnosis of problems and the description of events that economists most thoroughly understand. Reflecting a dozen diverse views—many of which challenge established orthodoxy—they illuminate the economic and political processes involved in this important issue.
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.
Book Synopsis Inflation by : James Anthony Trevithick
Download or read book Inflation written by James Anthony Trevithick and published by Penguin Group. This book was released on 1980 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on approaches to the problems of inflation in developed countries - discusses inflation phenomena, economic theories concerning its causes and effects and economic policy measures to control it. Bibliography pp. 129 to 130, graphs and references.
Book Synopsis Understanding Inflation & Unemployment by : Allen William Smith
Download or read book Understanding Inflation & Unemployment written by Allen William Smith and published by . This book was released on 1976 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Roots of Inflation by : Gardiner C. Means
Download or read book The Roots of Inflation written by Gardiner C. Means and published by . This book was released on 1975 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Money, Inflation and Unemployment by : David Gowland
Download or read book Money, Inflation and Unemployment written by David Gowland and published by Palgrave Macmillan. This book was released on 1992-01-12 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the theoretical debate concerning the role of money and financial factors determining real economic activity.
Book Synopsis INFLATION AND DEFLATION by : Narayan Changder
Download or read book INFLATION AND DEFLATION written by Narayan Changder and published by CHANGDER OUTLINE. This book was released on 2024-01-19 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand the ebb and flow of economic trends with "Inflation and Deflation Dynamics." Tailored for students and professionals, this comprehensive guide explores the intricacies of inflation and deflation, their impact on purchasing power, and strategies for navigating economic changes. Download now to deepen your understanding of monetary policy, gain insights into market reactions, and make informed decisions in the dynamic world of finance. Elevate your economic acumen with this essential resource. Download your key to mastering inflation and deflation dynamics for a well-informed approach to economic shifts!
Book Synopsis Deflation by : Richard C. K. Burdekin
Download or read book Deflation written by Richard C. K. Burdekin and published by Cambridge University Press. This book was released on 2004-09-06 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published in 2004. Fears of deflation seemed nothing more than a relic of the Great Depression. However, beginning in the 1990s, persistently falling consumer prices have emerged in Japan, China and elsewhere. Deflation is also a distinct possibility in some of the major European area economies, especially Germany, and emerged as a concern of the US Federal Reserve in 2003. Deflation may be worse than inflation not only because the real burden of debt rises but also because firms would confront rising real wages in a world where nominal wage rigidity prevails. This volume explores some key themes regarding deflation including: (i) how economic agents and policy makers have responded to deflation, (ii) the links between monetary policy, goods price movements, and asset price movements, (iii) the impact of deflation under different monetary policy and exchange rate regimes, and (iv) stock market reactions to deflation.
Book Synopsis Unemployment and Inflation by : Roger LeRoy Miller
Download or read book Unemployment and Inflation written by Roger LeRoy Miller and published by . This book was released on 1974 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on unemployment and inflation in the USA - presents a supply and demand model to describe the two types of inflation, discusses the role of price expectations in causing fluctuations in unemployment, and considers the economics and theoretics of wages and price controls, etc. Diagrams, graphs and references.
Book Synopsis Inflation, Unemployment and Money by : Bruno Jossa
Download or read book Inflation, Unemployment and Money written by Bruno Jossa and published by Edward Elgar Publishing. This book was released on 1998 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book presents an original reconstruction of the different interpretations of the Phillips curve. The authors demonstrate through an in-depth analysis how it is possible to find non-neoclassical foundations in the trade-off between inflation and unemployment. The debate is presented from a historical perspective which charts the evolution of the Phillips curve from a non-neoclassical perspective, taking account of post Keynesian literature. In the first part of the book the authors focus on the origins of the Phillips curve and they critically analyse Richard Lipsey's interpretation and approach to the Phillips curve. They then explore the neoclassical and monetarist interpretation, paying special attention to the evolution of monetarism and the Keynesian critique of this approach. The Kaleckian, Keynesian and Marxist interpretations of the Phillips trade-off are then presented. Here the authors show how the relationship between inflation, unemployment and money described in these approaches accurately reflects the fundamental features of today's capitalist economies. In the final section a new Phillips curve is constructed, taking into account the non-accelerating inflation rate of unemployment and the hysteresis of it. Inflation, Unemployment and Money will be of interest to macroeconomists, post Keynesians and monetary and financial economists.
