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The Great Inflation: The Rebirth of Modern Central Banking (National Bureau of Economic Research Conference Report) ePub download

by Michael D. Bordo,Athanasios Orphanides

  • Author: Michael D. Bordo,Athanasios Orphanides
  • ISBN: 0226066959
  • ISBN13: 978-0226066950
  • ePub: 1613 kb | FB2: 1304 kb
  • Language: English
  • Category: Business & Finance
  • Publisher: University of Chicago Press (June 28, 2013)
  • Pages: 544
  • Rating: 4.1/5
  • Votes: 681
  • Format: lrf azw mobi doc
The Great Inflation: The Rebirth of Modern Central Banking (National Bureau of Economic Research Conference Report) ePub download

More information on purchasing this book 532 pages ISBN: 0-226-006695-9. Contact Us. Working Papers & Publications.

Journal of Economic History 2014-05-27) . The general view is that central banks have been less independent than commonly perceived and that political support for price stability is essential.

Athanasios Orphanides. or. Discover by subject area. The Great Inflation: The Rebirth of Modern Central Banking. June 2014 · The Journal of Economic History.

Athanasios Orphanides is former governor of the Central Bank of Cyprus.

Bordo, Michael D. & Orphanides, Athanasios. Chicago ; London : The University of Chicago Press. The great inflation the rebirth of modern central banking. Bordo, Michael D. and Orphanides, Athanasios. Australian/Harvard Citation.

Michael D. Bordo, Athanasios Orphanides. 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.

Description this book Controlling inflation is among the most important objectives of economic policy. Bordo & Athanasios Orphanides, 2013.

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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.
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