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chomage --- politique monetaire --- politique de l'emploi --- werkloosheid --- monetair beleid --- werkgelegenheidsbeleid --- Unemployment --- Inflation (Finance) and unemployment --- Stagflation --- Inflation (Finance) --- Stagnation (Economics) --- Effect of inflation on --- Labour market --- Money. Monetary policy --- Effect of inflation on. --- Arbeidsmarkt --- Geld. Monetaire politiek

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This work challenges traditional monetary theory by focusing on the role of banks and provides a new insight into the role played by bank money and capital accumulation. An international team of contributors reappraise analyses of the inflation and unemployment developed by Marshall, Keynes and Robertson. This volume is published in association with the Centre for the Study of Banking in Switzerland.

Effect of inflation on. --- Inflation (Finance). --- Unemployment. --- Unemployment - Effect of inflation on. --- AA / International- internationaal --- 333.842 --- 333.841 --- 333.845 --- 332.620 --- Deflatie. --- Inflatie. --- Stagflatie. --- Werkloosheid: algemeenheden. Philipscurve. --- Unemployment --- Inflation (Finance) and unemployment --- Stagflation --- Inflation (Finance) --- Stagnation (Economics) --- Effect of inflation on --- Werkloosheid: algemeenheden. Philipscurve --- Inflatie --- Deflatie --- Stagflatie

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Inflation (Finance) and unemployment --- Phillips curve --- 331.56 --- 336.748.12 --- Inflation (Finance) --- Unemployment --- Stagflation --- Stagnation (Economics) --- 336.748.12 Algemeen prijsniveau. Prijsindex. Prijsstijging --- Algemeen prijsniveau. Prijsindex. Prijsstijging --- 331.56 Werkloosheid. Arbeidsreserve --- Werkloosheid. Arbeidsreserve --- Mathematical models --- Effect of inflation on --- Labour market --- Money. Monetary policy

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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 (Finance) --- Economic history --- Finance --- Natural rate of unemployment --- History --- macroeconomics, economy, government, governing, regulation, price stability, policymakers, price-monitoring mechanisms, efficient planning, allocation of resources, raising productivity, great inflation, economics, 20th century, history, business, interest rates, developing world, monetary policy, central banks, academics, fiscal authorities, economic institutions, new zealand, stagflation, stop-start policies, canada, germany, japan, united kingdom.

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Wage setters take into account the future consequences of their current wage choices in the presence of downward nominal wage rigidities. Several interesting implications arise. First, a closed-form solution for a long-run Phillips curve relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes flatter as inflation declines. Second, macroeconomic volatility shifts the Phillips curve outward, implying that stabilization policies can play an important role in shaping the trade-off. Third, nominal wages tend to be endogenously rigid also upward, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation.

Inflation (Finance). --- Inflation. --- Unemployment -- Effect of inflation on. --- Unemployment --- Inflation (Finance) --- Effect of inflation on. --- Inflation (Finance) and unemployment --- Stagflation --- Finance --- Natural rate of unemployment --- Stagnation (Economics) --- Inflation --- Labor --- Price Level --- Deflation --- Wages, Compensation, and Labor Costs: General --- Unemployment: Models, Duration, Incidence, and Job Search --- Wage Level and Structure --- Wage Differentials --- Labour --- income economics --- Macroeconomics --- Wages --- Wage rigidity --- Unemployment rate --- Prices --- United States --- Income economics