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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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.

Inflation Management

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Publisher :
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Inflation Management by : Howe C. Stidger

Download or read book Inflation Management written by Howe C. Stidger and published by . This book was released on 1976 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Wiley-Interscience publication." Includes bibliographies and index.

Management Planning and Control in Inflation

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Author :
Publisher : Springer
ISBN 13 : 1349034282
Total Pages : 132 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis Management Planning and Control in Inflation by : Kenneth P. Gee

Download or read book Management Planning and Control in Inflation written by Kenneth P. Gee and published by Springer. This book was released on 1977-06-17 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation in Emerging and Developing Economies

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Publisher : World Bank Publications
ISBN 13 : 1464813760
Total Pages : 513 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Inflation in Emerging and Developing Economies by : Jongrim Ha

Download or read book Inflation in Emerging and Developing Economies written by Jongrim Ha and published by World Bank Publications. This book was released on 2019-02-24 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.

Inflation Targeting and Exchange Rate Management In Less Developed Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513567438
Total Pages : 65 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Inflation Targeting and Exchange Rate Management In Less Developed Countries by : Mr.Marco Airaudo

Download or read book Inflation Targeting and Exchange Rate Management In Less Developed Countries written by Mr.Marco Airaudo and published by International Monetary Fund. This book was released on 2016-03-08 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze coordination of monetary and exchange rate policy in a two-sector model of a small open economy featuring imperfect substitution between domestic and foreign financial assets. Our central finding is that management of the exchange rate greatly enhances the efficacy of inflation targeting. In a flexible exchange rate system, inflation targeting incurs a high risk of indeterminacy where macroeconomic fluctuations can be driven by self-fulfilling expectations. Moreover, small inflation shocks may escalate into much larger increases in inflation ex post. Both problems disappear when the central bank leans heavily against the wind in a managed float.

Inflation Stabilization

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Author :
Publisher : MIT Press
ISBN 13 : 9780262022798
Total Pages : 452 pages
Book Rating : 4.0/5 (227 download)

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Book Synopsis Inflation Stabilization by : World Institute for Development Economics Research

Download or read book Inflation Stabilization written by World Institute for Development Economics Research and published by MIT Press. This book was released on 1988 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rampant inflation is a major economic problem in many of the less developed countries; two out of three attempts to stabilize these economies fail. Inflation Stabilization provides a valuable description and a critical analysis of the disinflation programs introduced in Argentina, Bolivia, Brazil, and Israel in 1985-86, and discusses the possibility of such a program in Mexico. It documents the initial steps in stabilization as well as the reasons for failure.As architects of the programs, several of the authors are in key positions to assess which aspects were critical in getting the programs accepted and where to look for difficulties and failures. In Israel, inflation was halted without recession. The challenge to policy makers today is in shifting from stabilization to the revival of sustained growth. This experience is described fully by Michael Bruno and Sylvia Piterman, who examine the critical issue of exchange rates, and by Alex Cukierman, who uses modeling to analyze the interaction of money, wages, prices, and activity under rational expectations that take the government's policy objectives into account.Endemic inflation and a sudden increase in external debt burden Argentina's economy, raising the wider issues of high inflation economies and stabilization that are discussed in the chapter by José Luis Machinea and that by Guido Di Tella and Alfredo Canavese.Eduardo Modiano and Mario Simonsen take up issues of wages in Brazil, particularly the problem of finding an equitable way to deal with a wage freeze; Simonsen develops an ambitious game theoretic rationalization of incomes policy as a coordinating device for imperfectly competitive economies. Bolivia did reach hyperinflation (price increases of more than 50 percent each month) before stabilizing. Juan Antonio Morales shows how stabilizing the exchange rate, in an economy where all pricing was already geared to the dollar, achieved stabilization without a wage or price freeze. And Francisco Gil Diaz asks whether an incomes-policy based program could work to control ever increasing inflation in Mexico.

Inflation Control

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Publisher :
ISBN 13 :
Total Pages : 544 pages
Book Rating : 4.0/5 (12 download)

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Book Synopsis Inflation Control by : United States. Congress. House. Committee on Banking and Currency

Download or read book Inflation Control written by United States. Congress. House. Committee on Banking and Currency and published by . This book was released on 1948 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation Control

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Publisher :
ISBN 13 :
Total Pages : 426 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Inflation Control by : United States Congress. House. Banking and Currency Committee

Download or read book Inflation Control written by United States Congress. House. Banking and Currency Committee and published by . This book was released on 1948 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managing Profits Under Inflation

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Author :
Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 081442175X
Total Pages : 19 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Managing Profits Under Inflation by : Curtis W. Symonds

Download or read book Managing Profits Under Inflation written by Curtis W. Symonds and published by AMACOM Div American Mgmt Assn. This book was released on 1974 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Beat-inflation Strategy

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Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis The Beat-inflation Strategy by : Roger Klein

Download or read book The Beat-inflation Strategy written by Roger Klein and published by . This book was released on 1976 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Tools for Financial Management

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (882 download)

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Book Synopsis Tools for Financial Management by : Leon Shashua

Download or read book Tools for Financial Management written by Leon Shashua and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managing in Inflation

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Managing in Inflation by : David I. Fisher

Download or read book Managing in Inflation written by David I. Fisher and published by . This book was released on 1978 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managing Inflation and Supply Chain Disruptions in the Global Economy

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Author :
Publisher : IGI Global
ISBN 13 : 1668458780
Total Pages : 378 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Managing Inflation and Supply Chain Disruptions in the Global Economy by : Akkucuk, Ulas

Download or read book Managing Inflation and Supply Chain Disruptions in the Global Economy written by Akkucuk, Ulas and published by IGI Global. This book was released on 2022-08-15 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the COVID-19 pandemic comes to a close, inflation has revealed itself to be a major problem for all countries of the developed world. The problem has been exacerbated in developing nations, which had problems even before the pandemic. Energy prices have increased, and with the increase in transportation costs, it has been more difficult for many retailers to stock shelves as they did before the pandemic. It is understood by many that the rising prices and supply chain disruptions will likely not be temporary and must be managed by future executives. Managing Inflation and Supply Chain Disruptions in the Global Economy uncovers the many ways businesses can manage this new phenomenon. It discusses global crises and their effects on the global economy in terms of inflation and supply chain. Covering topics such as inflationist impact, crisis leadership, and deglobalization, this premier reference source is an essential resource for economists, supply chain specialists, government officials, consultants, business leaders and executives, logistics professionals, IT managers, students and educators of higher education, researchers, and academicians.

Demand Management, Supply Constraints and Inflation

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Publisher :
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.:/5 (42 download)

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Book Synopsis Demand Management, Supply Constraints and Inflation by : Michael J. Artis

Download or read book Demand Management, Supply Constraints and Inflation written by Michael J. Artis and published by . This book was released on 1982 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph of essays examining economic theory trends relating to supply constraints, inflation and consumer demand management in UK economic policies - discusses labour supply, unemployment, absenteeism, normal-cost hypothesis of pricing, fiscal policy effects, the impact of public expenditure, wages, incomes policies, economic concentration and industrial structure, etc. Graphs and references.

Financial Management and Inflation

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Author :
Publisher :
ISBN 13 : 9780029035702
Total Pages : 188 pages
Book Rating : 4.0/5 (357 download)

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Book Synopsis Financial Management and Inflation by : Harold Bierman

Download or read book Financial Management and Inflation written by Harold Bierman and published by . This book was released on 1981 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation Under Cost Pass-along Management

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Author :
Publisher : Greenwood
ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Inflation Under Cost Pass-along Management by : Byung Yoo Hong

Download or read book Inflation Under Cost Pass-along Management written by Byung Yoo Hong and published by Greenwood. This book was released on 1979 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: