9780415561747: Inflation Expectations: 56
Rilegato
ISBN 10: 0415561744 ISBN 13: 9780415561747
Casa editrice: Routledge, 2009

Sinossi

Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments.

A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so.

These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.

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Informazioni sull?autore

Peter Sinclair is Professor of Economics at the University of Birmingham and a former director of the Centre for Central Banking Studies at the Bank of England.

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Editore
Routledge
Data di pubblicazione
2009
Lingua
Inglese
ISBN 10 
0415561744
ISBN 13 
9780415561747
Rilegatura
Copertina rigida
Numero edizione
1
Numero di pagine
272
Redattore
Sinclair Peter J N
Contatto del produttore
non disponibile
Persona responsabile
gpsr@libri.de
gpsr@libri.de

Friedensallee 273
Hamburg
22763
Germania

Altre edizioni note dello stesso titolo

9780415745161: Inflation Expectations

Edizione in evidenza

ISBN 10:  0415745160 ISBN 13:  9780415745161
Casa editrice: Routledge, 2013
Brossura