Reducing Inflation
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Reducing Inflation
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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.
Reducing Inflation
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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
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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.
An Action Program To Reduce Inflation And Restore Economic Growth
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Author : United States. Congress. Economic Joint Committee
language : en
Publisher:
Release Date : 1974
An Action Program To Reduce Inflation And Restore Economic Growth written by United States. Congress. Economic Joint Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with categories.
An Action Program To Reduce Inflation And Restore Economic Growth
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Author : United States. Congress. Joint Economic Committee
language : en
Publisher:
Release Date : 1974
An Action Program To Reduce Inflation And Restore Economic Growth written by United States. Congress. Joint Economic Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Inflation (Finance) categories.
Zero Inflation
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Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy
language : en
Publisher:
Release Date : 1990
Zero Inflation written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Budget deficits categories.
Cures For Inflation
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Author : United States. Congress. House. Committee on the Budget. Task Force on Inflation
language : en
Publisher:
Release Date : 1979
Cures For Inflation written by United States. Congress. House. Committee on the Budget. Task Force on Inflation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Government publications categories.
Monetary Policy In Low Inflation Economies
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Author : David E. Altig
language : en
Publisher: Cambridge University Press
Release Date : 2009-07-31
Monetary Policy In Low Inflation Economies written by David E. Altig and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-31 with Business & Economics categories.
The essays in this volume investigate the challenges of transitioning to lower levels of inflation and conducting monetary policy in low-inflation economies. The essays make both theoretical and empirical contributions.
No Distinctive Title
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Author : United States. Congress. Joint Economic Committee
language : en
Publisher:
Release Date : 1980
No Distinctive Title written by United States. Congress. Joint Economic Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Government publications categories.
Brazil
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Author : International Monetary Fund. Western Hemisphere Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2016-11-15
Brazil written by International Monetary Fund. Western Hemisphere Dept. 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 2016-11-15 with Business & Economics categories.
This paper assesses the importance of financial market developments for the business cycle in Brazil. The results underscore the importance of macro-financial linkages and highlight risks to the recovery going forward. Although some of the rise in credit growth in Brazil can be attributed to financial deepening and rising income levels, it may have implications for economic activity going forward. Cross-country evidence suggests that periods of easy financial conditions can amplify economic fluctuations and possibly lead to adverse economic outcomes. To explore the nexus between the financial cycle and business cycle, cycles are estimated using a variety of commonly-used statistical methods and with a small, semi-structural model of the Brazilian economy. An advantage of using the model-based approach is that financial and business cycles can be jointly estimated, allowing information from all key economic relationships to be used in a consistent way. Financial sector developments are found to be an important source of macroeconomic fluctuations. Financial accelerator models highlight the role of credit and asset prices in shaping the business cycle.