Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective - Rilegato

 
9780262013635: Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective
Rilegato
ISBN 10: 0262013630 ISBN 13: 9780262013635
Casa editrice: Mit Pr, 2009

Sinossi

Current perspectives on the Phillips curve, a core macroeconomic concept that treats the relationship between inflation and unemployment.

In 1958, economist A. W. Phillips published an article describing what he observed to be the inverse relationship between inflation and unemployment; subsequently, the Phillips curve became a central concept in macroeconomic analysis and policymaking. But today's Phillips curve is not the same as the original one from fifty years ago; the economy, our understanding of price setting behavior, the determinants of inflation, and the role of monetary policy have evolved significantly since then. In this book, some of the top economists working today reexamine the theoretical and empirical validity of the Phillips curve in its more recent specifications. The contributors consider such questions as what economists have learned about price and wage setting and inflation expectations that would improve the way we use and formulate the Phillips curve, what the Phillips curve approach can teach us about inflation dynamics, and how these lessons can be applied to improving the conduct of monetary policy.

Contributors
Lawrence Ball, Ben Bernanke, Oliver Blanchard, V. V. Chari, William T. Dickens, Stanley Fischer, Jeff Fuhrer, Jordi Gali, Michael T. Kiley, Robert G. King, Donald L. Kohn, Yolanda K. Kodrzycki, Jane Sneddon Little, Bartisz Mackowiak, N. Gregory Mankiw, Virgiliu Midrigan, Giovanni P. Olivei, Athanasios Orphanides, Adrian R. Pagan, Christopher A. Pissarides, Lucrezia Reichlin, Paul A. Samuelson, Christopher A. Sims, Frank R. Smets, Robert M. Solow, Jürgen Stark, James H. Stock, Lars E. O. Svensson, John B. Taylor, Mark W. Watson

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

Informazioni sull?autore

Jane Little is an economist in the Research Department at the Federal Reserve Bank of Boston.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Editore
Mit Pr
Data di pubblicazione
2009
Lingua
Inglese
ISBN 10 
0262013630
ISBN 13 
9780262013635
Rilegatura
Copertina rigida
Numero di pagine
502
Redattore
Fuhrer Jeff, Kodrzycki Yolanda K., Little Jane Sneddon, Olivei Giovanni P.
Contatto del produttore
non disponibile
Persona responsabile
non disponibile