Reducing Inflation
DOWNLOAD
Download Reducing Inflation PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Reducing Inflation book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Reducing Inflation
DOWNLOAD
Author : Christina D. Romer
language : en
Publisher: University of Chicago Press
Release Date : 2007-12-01
Reducing Inflation written by Christina D. Romer and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-01 with Business & Economics categories.
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 inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's 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.
Considerations In Reducing Inflation From Low To Lower Levels
DOWNLOAD
Author : Mr.Michael P. Leidy
language : en
Publisher: International Monetary Fund
Release Date : 1998-08-01
Considerations In Reducing Inflation From Low To Lower Levels written by Mr.Michael P. Leidy and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-08-01 with Business & Economics categories.
In recent years, many countries have successfully reduced their inflation rates to relatively low levels of 2 to 3 percent. The question then arises as to whether it would be desirable to move to even lower rates of inflation. The paper examines the benefits and costs of moving from low inflation to even lower inflation by drawing together recent work on this issue. Once a country has decided to move to an even lower rate of inflation, the question then becomes whether it would be better to achieve this objective through inflation targeting or price-level targeting. The paper critically reviews the arguments for both approaches.
Reducing Inflation
DOWNLOAD
Author : Ms.C. McNeilly
language : en
Publisher: International Monetary Fund
Release Date : 1998-05-01
Reducing Inflation written by Ms.C. McNeilly and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-05-01 with Business & Economics categories.
Inflation in Albania fell rapidly once comprehensive stabilization policies and market-oriented reforms were launched, in contrast to other transition economies, where price liberalization was generally followed by persistently high inflation. The early reduction of underlying inflation is confirmed by trimmed mean estimates of core inflation, which use a central portion of the commodity-wise inflation distribution. This also demonstrates the usefulness of estimating core inflation for transition economies. The early success in curbing inflation is attributed to the extremely broad scope of initial price liberalization coupled with key supporting measures. It also gives hope for early recovery from Albania’s 1997 economic crisis.
Considerations In Reducing Inflation From Low To Lower Levels
DOWNLOAD
Author : Michael Leidy
language : en
Publisher:
Release Date : 2006
Considerations In Reducing Inflation From Low To Lower Levels written by Michael Leidy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
In recent years, many countries have successfully reduced their inflation rates to relatively low levels of 2 to 3 percent. The question then arises as to whether it would be desirable to move to even lower rates of inflation. The paper examines the benefits and costs of moving from low inflation to even lower inflation by drawing together recent work on this issue. Once a country has decided to move to an even lower rate of inflation, the question then becomes whether it would be better to achieve this objective through inflation targeting or price-level targeting. The paper critically reviews the arguments for both approaches.
Some Benefits Of Reducing Inflation In Transition Economies
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2002
Some Benefits Of Reducing Inflation In Transition Economies written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
We analyse welfare effects of the interactions between the tax system and inflation in Poland and in Ukraine, using the framework developed by Feldstein (1997, 1999). This approach stresses the fact that inflation increases distortions created by the tax system, in particular distortions to intertemporal saving decisions. We find that the effects are much smaller in the two transition countries than in developed marketeconomies. The reason is that taxation of investment returns is much more limited. Our results suggest that taxes on investment returns should be avoided in any future redesign of the tax system.
From Monetary Targeting To Inflation Targeting
DOWNLOAD
Author : Frederic S. Mishkin
language : en
Publisher: World Bank Publications
Release Date : 2001
From Monetary Targeting To Inflation Targeting written by Frederic S. Mishkin and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Anti-inflationary policies categories.
Experience with monetary targeting suggests that although it successfully controlled inflation in Switzerland and especially Germany, the special conditions that made it work reasonably well in those two countries are unlikely to be satisfied elsewhere. Inflation targeting is more likely to improve economic performance in countries that choose to have an independent domestic monetary policy, but there are subtleties in how inflation targeting is done. Lessons from industrial countries should be useful to central banks designing a framework for monetary policy.
The Council On Wage And Price Stability Has Not Stressed Productivity In Its Efforts To Reduce Inflation
DOWNLOAD
Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1980
The Council On Wage And Price Stability Has Not Stressed Productivity In Its Efforts To Reduce Inflation written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Inflation (Finance) categories.
Controlling Inflation
DOWNLOAD
Author : Clarence Barber
language : en
Publisher: James Lorimer & Company
Release Date : 1982-01-01
Controlling Inflation written by Clarence Barber and has been published by James Lorimer & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982-01-01 with Business & Economics categories.
Published in 1982, this book examines how eighteen Western countries dealt with extraordinary inflationary pressures of the 1970s. The authors weigh the alternatives of tax-based incomes policies versus outright wage and price controls, and analyze the record of controls implemented in the U.S. and Canada. They conclude that the Anti-Inflation Board controls of 1975-78 reduced inflation, and were equal in their effects on wages and profits. Controlling Inflation offers a close analysis of the range of responses framed to meet the most pressing economic challenge faced by Western economies in the 1970s.
What Can Low Income Countries Expect From Adopting Inflation Targeting
DOWNLOAD
Author : Mr.Edward R. Gemayel
language : en
Publisher: International Monetary Fund
Release Date : 2011-11-01
What Can Low Income Countries Expect From Adopting Inflation Targeting written by Mr.Edward R. Gemayel and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-01 with Business & Economics categories.
Inflation targeting (IT) is a relatively new monetary policy framework for low-income countries (LICs). The limited number of LICs with an IT framework and the short time that has elapsed since the adoption of this framework explains why there are no previous empirical studies on the performance of IT in LICs. This paper has made a first attempt at filling this gap. It finds that inflation targeting appears to be associated with lower inflation and inflation volatility. At the same time, there is no robust evidence of an adverse impact on output. This may explain the appeal of IT for many LICs, where building credibility of monetary policy is difficult and minimizing output costs of reducing inflation is imperative for social and political reasons.
Some Benefits Of Reducing Inflation In Transition Economies
DOWNLOAD
Author : Monika Blaszkiewicz
language : en
Publisher:
Release Date : 2002
Some Benefits Of Reducing Inflation In Transition Economies written by Monika Blaszkiewicz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economic history categories.
Tiivistelmä.