Inflation, Deflation, and Unemployment

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Author :
Publisher : Encyclopaedia Britannica
ISBN 13 : 1538302667
Total Pages : 61 pages
Book Rating : 4.5/5 (383 download)

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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 61 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.

Inflation and Unemployment

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Author :
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:

Inflation? Recession? Unemployment

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Author :
Publisher :
ISBN 13 :
Total Pages : 2 pages
Book Rating : 4.:/5 (112 download)

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Book Synopsis Inflation? Recession? Unemployment by : Robert Waldrop

Download or read book Inflation? Recession? Unemployment written by Robert Waldrop and published by . This book was released on 1980 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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.

Our Overloaded Economy

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Author :
Publisher : Routledge
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Our Overloaded Economy by : Wallace C. Peterson

Download or read book Our Overloaded Economy written by Wallace C. Peterson and published by Routledge. This book was released on 1982 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Wallace Peterson addresses the great economic puzzle of our time: the stubborn persistence of excessive inflation and unemployment. This condition, often described by the unlovely term "stagflation," is symptomatic of deeply rooted ills in the way our system of market capitalism operates. It is not a condition that can be cured by use of conventional economic tools--fiscal and monetary policies. Experience since the mid-1960s shows that such efforts usually make the situation worse. The answer to the problem lies elsewhere"--Book jacket.

A Phillips Curve with Anchored Expectations and Short-Term Unemployment

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498321070
Total Pages : 36 pages
Book Rating : 4.4/5 (983 download)

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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.

Explaining the Recent Behavior of Inflation and Unemployment in the United States

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451856512
Total Pages : 18 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Explaining the Recent Behavior of Inflation and Unemployment in the United States by : Mr.Vincent Hogan

Download or read book Explaining the Recent Behavior of Inflation and Unemployment in the United States written by Mr.Vincent Hogan and published by International Monetary Fund. This book was released on 1998-09-01 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Low rates of inflation have been recorded in recent years, despite a decline in the unemployment rate. This phenomenon could be the result of a series of transitory shocks or of a permanent change in the structure of the economy leading to a lower NAIRU. The paper suggests that, while the NAIRU may have fallen slightly, it has not fallen by an amount sufficient to explain the recent behavior of inflation. A leading explanation for recent inflation performance appears to be favorable price shocks; in particular, the cost of imports has fallen sharply as the dollar has appreciated.

Economic Policy and the Great Stagflation

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Publisher : Elsevier
ISBN 13 : 1483264564
Total Pages : 244 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Economic Policy and the Great Stagflation by : Alan S. Blinder

Download or read book Economic Policy and the Great Stagflation written by Alan S. Blinder and published by Elsevier. This book was released on 2013-09-11 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

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:

Foreign Exchange Value of the Dollar

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Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Foreign Exchange Value of the Dollar by :

Download or read book Foreign Exchange Value of the Dollar written by and published by . This book was released on 1984 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation, Unemployment, and Monetary Policy

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Author :
Publisher : MIT Press
ISBN 13 : 9780262692229
Total Pages : 140 pages
Book Rating : 4.6/5 (922 download)

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Book Synopsis Inflation, Unemployment, and Monetary Policy by : Robert M. Solow

Download or read book Inflation, Unemployment, and Monetary Policy written by Robert M. Solow and published by MIT Press. This book was released on 1998 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited and with an introduction by Benjamin M. Friedman The connection between price inflation and real economic activity has been a focus of macroeconomic research--and debate--for much of the past century. Although this connection is crucial to our understanding of what monetary policy can and cannot accomplish, opinions about its basic properties have swung widely over the years. Today, virtually everyone studying monetary policy acknowledges that, contrary to what many modern macroeconomic models suggest, central bank actions often affect both inflation and measures of real economic activity, such as output, unemployment, and incomes. But the nature and magnitude of these effects are not yet understood. In this volume, Robert M. Solow and John B. Taylor present their views on the dilemmas facing U.S. monetary policymakers. The discussants are Benjamin M. Friedman, James K. Galbraith, N. Gregory Mankiw, and William Poole. The aim of this lively exchange of views is to make both an intellectual contribution to macroeconmics and a practical contribution to the solution of a public policy question of central importance.

The Great Recession and the Inflation Puzzle

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Publisher : International Monetary Fund
ISBN 13 : 148431106X
Total Pages : 12 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Great Recession and the Inflation Puzzle by : Mr.Troy Matheson

Download or read book The Great Recession and the Inflation Puzzle written by Mr.Troy Matheson and published by International Monetary Fund. This book was released on 2013-05-22 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Notwithstanding persistently-high unemployment following the Great Recession, inflation in the United States has been remarkably stable. We find that a traditional Phillips curve describes the behavior of inflation reasonably well since the 1960s. Using a non-linear Kalman filter that allows for time-varying parameters, we find that three factors have contributed to the observed stability of inflation: inflation expectations have become better anchored and to a lower level; the slope of the Phillips curve has flattened; and the importance of import-price inflation has increased.

Problems of Inflation and Unemployment

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Author :
Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Problems of Inflation and Unemployment by : United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization

Download or read book Problems of Inflation and Unemployment written by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization and published by . This book was released on 1976 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation, Unemployment, and the Market

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Author :
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis Inflation, Unemployment, and the Market by : Thomas Wilson

Download or read book Inflation, Unemployment, and the Market written by Thomas Wilson and published by Oxford University Press, USA. This book was released on 1984 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment and Inflation in Economic Crises

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Publisher : Springer Science & Business Media
ISBN 13 : 3642280188
Total Pages : 281 pages
Book Rating : 4.6/5 (422 download)

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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.

Inflation and Activity – Two Explorations and their Monetary Policy Implications

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513536613
Total Pages : 29 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Inflation and Activity – Two Explorations and their Monetary Policy Implications by : Mr.Olivier J. Blanchard

Download or read book Inflation and Activity – Two Explorations and their Monetary Policy Implications written by Mr.Olivier J. Blanchard and published by International Monetary Fund. This book was released on 2015-11-06 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.

On Unemployment, Volume II

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Author :
Publisher : Springer
ISBN 13 : 1137550031
Total Pages : 305 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis On Unemployment, Volume II by : Mark R. Reiff

Download or read book On Unemployment, Volume II written by Mark R. Reiff and published by Springer. This book was released on 2015-10-07 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: With unemployment at historically high rates that show signs of becoming structural, there is a pressing need for an in-depth exploration of this economic injustice. Unemployment is one of the problems most likely to put critical pressure on our political institutions, disrupt the social fabric of our way of life, and even threaten the continuation of liberalism itself. Despite the obvious importance of the problem of unemployment, however, there has been a curious lack of attention paid to this issue by contemporary non-Marxist political philosophers. On Unemployment explores the moral implications of the problem of unemployment despite the continuing uncertainty involving both its causes and its cures. Reiff takes up a series of questions about the nature of unemployment and what justice has to tell us about what we should do, if anything, to alleviate it. The book comprehensively discusses the related theory and suggests how we might implement these more general observations in the real world. It addresses the politics of unemployment and the extent to which opposition to some or all of the book's various proposals stem not from empirical disagreements about the best solutions, but from more basic moral disagreements about whether the reduction of unemployment is indeed an appropriate moral goal. This exciting new text will be essential for scholars and readers across business, economics, and finance, as well as politics, philosophy, and sociology.