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Reestimating the Phillips Curve and the NAIRU
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Year: 2008 Publisher: Washington, DC : Congressional Budget Office,

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Book
Commodities as an asset class : essays on inflation, the paradox of gold and the impact of crypto
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ISBN: 3031173996 3031174003 Year: 2022 Publisher: Cham, Switzerland : Springer International Publishing,


Book
Lenkungsprobleme und Inflation in Planwirtschaften..
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ISBN: 3428045505 3428445503 Year: 2022 Publisher: Berlin : Duncker & Humblot,

The role of policymakers in business cycle fluctuations
Authors: ---
ISBN: 9780511510540 9780521860161 9780521390767 0511169280 9780511169281 0511510543 0521860164 0521390761 1107156432 1280449233 0511168853 051116789X 0511312547 0511168411 Year: 2006 Publisher: Cambridge : Cambridge University Press,

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This book's central theme is that a policymaker's role is to enhance the public's ability to coordinate their price information, price expectations, and economic activities. This role is fulfilled when policymakers maintain inflation stability. Inflation persists less when an implicit or explicit inflation target is met. Granato and Wong argue that inflation persistence is reduced when the public substitutes the prespecified inflation target for past inflation. A by-product of this co-ordination process is greater economic stability. In particular, inflation stability contributes to greater economic output stability, including the potential for the simultaneous reduction of both inflation and output variability - inflation-output co-stabilization (IOCS). Granato and Wong use historical, formal, and applied statistical analysis of business-cycle performance in the United States for the 1960 to 2000 period. They find that during periods when policymakers emphasize inflation stability, inflation uncertainty and persistence were reduced.

Theories of inflation
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ISBN: 0521224705 0521295122 0511664583 0511865856 9780521295123 Year: 1983 Publisher: Cambridge : Cambridge University Press,

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A survey of the new theories of inflation that have developed over the past two decades in response to the inflationary pressures experienced by Western countries examines the shifting debate from explaining inflation as a "causal" process to explaining its increase as a result of constantly changing expectations.

Paper and iron : Hamburg business and German politics in the era of inflation, 1897-1927
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ISBN: 0521470161 0521894220 0511523580 Year: 1995 Publisher: Cambridge : Cambridge University Press,

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Few economic events have had a more profound or enduring impact than the German hyperinflation of 1923, still remembered popularly as a root cause of Hitler's rise to power. Yet many historians have argued that inflationary policies were, on balance, advantageous to post-1918 Germany, both boosting growth and helping to reduce reparations. The scholarly consensus is that there was no viable alternative to inflation. In Paper and Iron Niall Ferguson takes a different view. He argues that inflation was indeed an economic and political disaster, and further that there were alternative economic policies which could have stabilised the German currency in 1920. To explain why these were not adopted he points to long-term defects in the political institutions of the Reich which went back as far as the 1890s and which persisted beyond 1918. The book therefore reveals the Wilhelmine origins of Weimar's failure, as well as casting light on the origins of the Third Reich.

Monetary Policies and Inflation Targeting in Emerging Economies
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ISBN: 1281719900 9786611719906 9264044639 9264044620 9789264044623 Year: 2008 Publisher: Paris : OECD Publishing,

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This book, based on the proceedings of a conference organised by the OECD and the Bank of England's Centre for Banking Studies,  examines cross-country issues related to the conduct of monetary policy in emerging markets and the role of inflation targeting in improving macroeconomic performance. it includes both cross-country analysis and country-specific case studies.  Countries covered include Brazil, Chile, Colombia, the Czech Republic, Indonesia, Mexico, South Africa and Turkey.

Inflation in Tudor and early Stuart England
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ISBN: 0333101448 9780333101445 Year: 1970 Publisher: New York, NY : MacMillan,


Book
Exploring the Mechanics of Chronic Inflation and Hyperinflation
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ISBN: 331944512X 3319445111 Year: 2017 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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This book presents a theoretical framework to explain chronic inflation and hyperinflation. The roots of these two phenomenon are a fiscal monetary regime in which money issues finance the public deficit. Chronic inflation is modeled by using both the old and the new Keynesian model, with a different policy rule. Instead of using the Taylor rule, the central bank policy rule states that money is issued to finance the public deficit. The chronic inflation models take into account the fact that indexation mechanisms adjust prices and wages, yielding the inertial component of inflation. The dynamics of these models can be very unstable under parameter changes or shocks that hit the economy. The previous hyperinflation models surveyed in this book attempt to explain hyperinflation as a bubble phenomenon because they assume a constant real deficit financed by money. The mechanics of hyperinflation models in this book explains hyperinflation by a fiscal crisis, characterized by an increasing fiscal deficit. This fiscal crisis yields an intertemporal budget constraint that is not sustainable. The analysis of the pathology of hyperinflation uses the same tools employed to understand the pathologies of public debt and external debt crises. The hyperinflation model allows a taxonomy of hyperinflations, namely bubble, weak and strong, that can be tested with the inflation tax revenue curve. .

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