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The great inflation : the rebirth of modern central banking /

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 v...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Bordo, Michael D., Orphanides, Athanasios
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Chicago ; London : The University of Chicago Press, 2013.
Colección:National Bureau of Economic Research conference report.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource
Bibliografía:Includes bibliographical references.
ISBN:9780226043555
022604355X
1299605249
9781299605244