Reducing Inflation: Motivation and Strategy Christina D. Romer

ISBN: 9781281223951

Published: January 10th 2010


421 pages


Reducing Inflation: Motivation and Strategy  by  Christina D. Romer

Reducing Inflation: Motivation and Strategy by Christina D. Romer
January 10th 2010 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | 421 pages | ISBN: 9781281223951 | 4.62 Mb

While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation.Section I discusses the consequences of inflation. These papers analyze inflations impact on the tax system, labor market flexibility, equilibrium unemployment, and the publics sense of well-being.

Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970s, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries.This timely volume should be read by anyone who studies or conducts monetary policy.

Enter the sum

Related Archive Books

Related Books


Comments for "Reducing Inflation: Motivation and Strategy":

©2012-2015 | DMCA | Contact us