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Item Details
| Title:
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REDUCING INFLATION
MOTIVATION AND STRATEGY |
| By: |
Christina D. Romer, David H. Romer |
| Format: |
Hardback |
| List price:
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£80.00 |
| Our price: |
£72.00 |
| Discount: |
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| You save:
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£8.00 |
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| ISBN 10: |
0226724840 |
| ISBN 13: |
9780226724843 |
| Availability: |
Usually dispatched within 1-3 weeks.
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| Stock: |
Currently 0 available |
| Publisher: |
THE UNIVERSITY OF CHICAGO PRESS |
| Pub. date: |
5 June, 1997 |
| Edition: |
2nd ed. |
| Series: |
National Bureau of Economic Research Studies in Business Cycles v. 30 |
| Pages: |
432 |
| Description: |
While there is ample evidence that high inflation is harmful, little is known about how best to reduce it. In this volume, the contributors discuss the consequences of inflation, consider the obstacles facing central bankers in achieving low inflation, and examine how institutions can promote it. |
| Synopsis: |
While there is ample evidence that high inflation is harmful, little is known about how best to reduce it. In this volume, the contributors discuss the consequences of inflation, consider the obstacles facing central bankers in achieving low inflation, and examine how institutions can promote it. The first section of the book discusses the consequences of inflation, analyzing the impact of inflation on the tax system, labour market flexibility, equilibrium unemployment, and the public's sense of well-being. In the second part, the obstacles facing central bankers in achieving low inflation is considered. The text studies 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 third section of the book considers how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the USA, Germany and other countries. |
| Illustrations: |
60 line drawings, 61 tables |
| Publication: |
US |
| Imprint: |
University of Chicago Press |
| Returns: |
Returnable |
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