A Dynamic Analysis of the Inflation-unemployment Dilemma
Author: Gary Savery Morrison
Publisher:
Published: 1976
Total Pages: 274
ISBN-13:
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Author: Gary Savery Morrison
Publisher:
Published: 1976
Total Pages: 274
ISBN-13:
DOWNLOAD EBOOKAuthor: Charles C. Holt
Publisher:
Published: 1971
Total Pages: 120
ISBN-13:
DOWNLOAD EBOOKEconomic research report on the limitations of present government policies for the elimination of unemployment and inflation in the USA - covers economic theories on the dynamics of prices and wages, economic implications of employment policy for the maintenance of full employment, the efficiency of monetary policy and fiscal policy formulation, social implications of labour force training programmes, etc. Bibliography pp. 103 to 107.
Author: Katsuhito Iwai
Publisher:
Published: 1981
Total Pages: 314
ISBN-13: 9780835780988
DOWNLOAD EBOOKAuthor: Alex N. McLeod
Publisher: Lanham, MD : University Press of America
Published: 1984
Total Pages: 224
ISBN-13:
DOWNLOAD EBOOKAuthor: Jean-Pascal BĂ©nassy
Publisher:
Published: 1976
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKAuthor: Jeremy Greenwood
Publisher: London : Department of Economics, University of Western Ontario
Published: 1985
Total Pages: 31
ISBN-13: 9780771406829
DOWNLOAD EBOOKAuthor: Robert M. Solow
Publisher: MIT Press
Published: 1998
Total Pages: 140
ISBN-13: 9780262692229
DOWNLOAD EBOOKEdited and with an introduction by Benjamin M. Friedman The connection between price inflation and real economic activity has been a focus of macroeconomic research--and debate--for much of the past century. Although this connection is crucial to our understanding of what monetary policy can and cannot accomplish, opinions about its basic properties have swung widely over the years. Today, virtually everyone studying monetary policy acknowledges that, contrary to what many modern macroeconomic models suggest, central bank actions often affect both inflation and measures of real economic activity, such as output, unemployment, and incomes. But the nature and magnitude of these effects are not yet understood. In this volume, Robert M. Solow and John B. Taylor present their views on the dilemmas facing U.S. monetary policymakers. The discussants are Benjamin M. Friedman, James K. Galbraith, N. Gregory Mankiw, and William Poole. The aim of this lively exchange of views is to make both an intellectual contribution to macroeconmics and a practical contribution to the solution of a public policy question of central importance.
Author: Charles C. Holt
Publisher:
Published: 1971
Total Pages: 124
ISBN-13:
DOWNLOAD EBOOKEconomic research report on the limitations of present government policies for the elimination of unemployment and inflation in the USA - covers economic theories on the dynamics of prices and wages, economic implications of employment policy for the maintenance of full employment, the efficiency of monetary policy and fiscal policy formulation, social implications of labour force training programmes, etc. Bibliography pp. 103 to 107.
Author: Pierre Picard
Publisher: Cambridge University Press
Published: 1993
Total Pages: 277
ISBN-13: 0521350573
DOWNLOAD EBOOKThis book is concerned with the problem of wage rigidities in macroeconomic theory, and their implications for public policy. It offers an analysis of the microeconomic foundations of rigid wages, considering their implications for normative economics, and their role in explaining involuntary unemployment. The initial chapters examine short-run macroeconomic equilibrium with nominal rigidities within the framework of fix-price temporary equilibria. This is followed by an overview and assessment of the main microeconomic mechanisms likely to account for real wage rigidity. In this context new findings concerning implicit contract theory, union behaviour and efficiency wage models are reported. The effect of efficiency wage models on macroeconomic fluctuations is also considered. Finally an analysis of the important public policy issues raised in the book is provided.
Author: Alan S. Blinder
Publisher: Elsevier
Published: 2013-09-11
Total Pages: 244
ISBN-13: 1483264564
DOWNLOAD EBOOKEconomic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.