
eBook - ePub
The Great Inflation
The Rebirth of Modern Central Banking
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
The Great Inflation
The Rebirth of Modern Central Banking
About this book
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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Yes, you can access The Great Inflation by Michael D. Bordo, Athanasios Orphanides, Michael D. Bordo,Athanasios Orphanides in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Copyright
- Title Page
- Series Page
- National Bureau of Economic Research
- Relation of the Directors to the Work and Publications of the National Bureau of Economic Research
- Contents
- Preface
- Introduction
- Panel Session I: Pioneering Central Bankers Remember
- Panel Session II: Lessons From History
- Notes
- Contributors
- Author Index
- Subject Index