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Author: Michael R. Darby
Publisher: University of Chicago Press
ISBN: 0226136434
Category : Reference
Languages : en
Pages : 744
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Book Description
Inflation became the dominant economic, social, and political problem of the industrialized West during the 1970s. This book is about how the inflation came to pass and what can be done about it. Certain to provoke controversy, it is a major source of new empirical information and theoretical conclusions concerning the causes of international inflation. The authors construct a consistent data base of information for eight countries and design a theoretically sound model to test and evaluate competing hypotheses incorporating the most recent theoretical developments. Additional chapters address an impressive variety of issues that complement and corroborate the core of the study. They answer such questions as these: Can countries conduct an independent monetary policy under fixed exchange rates? How closely tied are product prices across countries? How are disturbances transmitted across countries? The International Transmission of Inflation is an important contribution to international monetary economics in furnishing an invaluable empirical foundation for future investigation and discussion.
Author: Michael R. Darby
Publisher: University of Chicago Press
ISBN: 9780226136417
Category : Business & Economics
Languages : en
Pages : 756
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Book Description
Inflation became the dominant economic, social, and political problem of the industrialized West during the 1970s. This book is about how the inflation came to pass and what can be done about it. Certain to provoke controversy, it is a major source of new empirical information and theoretical conclusions concerning the causes of international inflation. The authors construct a consistent data base of information for eight countries and design a theoretically sound model to test and evaluate competing hypotheses incorporating the most recent theoretical developments. Additional chapters address an impressive variety of issues that complement and corroborate the core of the study. They answer such questions as these: Can countries conduct an independent monetary policy under fixed exchange rates? How closely tied are product prices across countries? How are disturbances transmitted across countries? The International Transmission of Inflation is an important contribution to international monetary economics in furnishing an invaluable empirical foundation for future investigation and discussion.
Author: Jongmoo Jay Choi
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
Author: Micheal R. Darby (authorLothian, James R., authorGandolfi, Arthur E., authorSchwartz, Anna J., authorStockman, Alan C., author)
Publisher:
ISBN:
Category :
Languages : en
Pages : 727
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Book Description
Author: Michael R. Darby
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 727
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Book Description
Author: Gerard Caprio jr.
Publisher:
ISBN:
Category :
Languages : en
Pages : 164
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Book Description
Author: Grzegorz W. Kołodko
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 26
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Book Description
Author: Allen J. Proctor
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 400
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Book Description
Author: Mr.Santiago Acosta Ormaechea
Publisher: International Monetary Fund
ISBN: 1455234095
Category : Business & Economics
Languages : en
Pages : 23
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Book Description
The paper conducts a comparative study of the monetary policy transmission in two economies that run a well-established IT regime, Chile and New Zealand, vis-à-vis two economies operating under relatively newer IT regimes, and which are exposed to a significant degree of dollarization, Peru and Uruguay. It is shown that the traditional interest rate channel is effective in Chile and New Zealand. For Peru and Uruguay, the exchange rate channel is instead more relevant in the transmission of monetary policy. This latter result follows from the limited impact of the policy rate in curbing inflationary pressures in these two countries, in combination with the fact that they have a relatively large and persistent exchange rate pass through. Finally, it is shown that the on-going de-dollarization process of Peru and Uruguay has somewhat strengthened their monetary transmission through the interest rate channel.
Author: Kevin Logan
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 318
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Book Description
Author: W. Max Corden
Publisher: University of Chicago Press
ISBN: 9780226115825
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
The previous editions of this work were praised as lucid and insightful introductions to a complicated subject. This third edition incorporates major additions to update the survey while retaining its clarity. Selected from the second edition are essential chapters on developments in balance-of-payments theories, inflation and exchange rates, the international adjustment to the oil price rise, and monetary integration in Europe. In three new chapters, Corden considers the international transmission of economic disturbances, the international macrosystem, and macroeconomic policy coordination.