Reducing Inflation is popular PDF and ePub book, written by Christina D. Romer in 2007-12-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Reducing Inflation can be Read Online from any device for your convenience.
Reducing Inflation Book PDF Summary
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.
Detail Book of Reducing Inflation PDF
- Author : Christina D. Romer
- Release : 01 December 2007
- Publisher : University of Chicago Press
- ISBN : 9780226724836
- Genre : Business & Economics
- Total Page : 434 pages
- Language : English
- PDF File Size : 21,9 Mb
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