Articoli correlati a Deflation: Current and Historical Perspectives

Deflation: Current and Historical Perspectives - Rilegato

Libro 14 di 49: Studies in Macroeconomic History
 
9780521837996: Deflation: Current and Historical Perspectives
Rilegato
ISBN 10: 0521837995 ISBN 13: 9780521837996
Casa editrice: Cambridge University Press, 2004

Sinossi

This collection analyses trends in deflation from the nineteenth century onwards.

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

Recensione

Review of the hardback: 'Slow deflation was once a widely espoused policy goal in its own right, and it still has its supporters. Perhaps more important, potentially deflationary accidents are bound to happen from time to time in a world that has settled for low inflation, because not all shocks emanate from monetary policy. This volume is an indispensable source of wisdom on the variety that deflationary episodes have displayed in the past, and on the many intellectual and practical challenges that they have presented to economists. Burdekin and Siklos are to be congratulated on a collection of essays that is historically illuminating, intellectually challenging, and of current policy relevance, too.' David Laidler, University of Western Ontario, Canada

Review of the hardback: 'In this volume, a distinguished set of scholars make important contributions to monetary history and to a number of contemporary policy debates including the role, if any, asset prices should play in setting monetary policy, the use of exchange rates as nominal anchors and whether Japan has fallen into a Keynesian liquidity trap. The contributors provide strong support for inflation targeting to avoid not only high inflation, but deflation as well.' Thomas Willett, The Claremont Colleges

Descrizione del libro

Could deflation be worse than inflation? This 2004 collection explores how individuals and policymakers have responded to the phenomenon. Monetary and exchange rate regimes as well as stock market reactions are considered as an important influence upon deflationary trends. The book's coverage ranges from the nineteenth century onwards.

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

Editore
Cambridge University Press
Data di pubblicazione
2004
Lingua
Inglese
ISBN 10 
0521837995
ISBN 13 
9780521837996
Rilegatura
Copertina rigida
Numero di pagine
384
Redattore
Burdekin Richard C. K., Siklos Pierre L.
Contatto del produttore
Cambridge University Press
https://www.cambridge.org/

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