Monetary Reform and World Inflation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Monetary Reform and World Inflation write by Robert Z. Aliber. This book was released on 1973. Monetary Reform and World Inflation available in PDF, EPUB and Kindle.
Inflation and Monetary Reform
Inflation and Monetary Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inflation and Monetary Reform write by Pierre-Richard Agénor. This book was released on 1992-08-01. Inflation and Monetary Reform available in PDF, EPUB and Kindle. The introduction of a new currency has often occurred as part of a program to fight hyperinflation. In this context, non-uniform conversion rates for different types of assets and liabilities have been used as a means of reducing an initial “excess” stock of liquidity. The paper examines the anticipatory dynamics associated with such reforms. The analysis suggests that monetary reforms of this type have a deflationary effect upon announcement as well as during the transition period. Under uncertainty about the reform date, the direction of the initial jump in prices upon announcement is a priori ambiguous. Upon implementation, a monetary reform leads to a downward jump in prices.
World Inflation, International Monetary Reform and the Less Developed Countries
World Inflation, International Monetary Reform and the Less Developed Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook World Inflation, International Monetary Reform and the Less Developed Countries write by Harry Gordon Johnson. This book was released on 1977. World Inflation, International Monetary Reform and the Less Developed Countries available in PDF, EPUB and Kindle.
The Great Inflation
The Great Inflation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Great Inflation write by Michael D. Bordo. This book was released on 2013-06-28. The Great Inflation available in PDF, EPUB and Kindle. Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Monetary Reform
Monetary Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Monetary Reform write by John Maynard Keynes. This book was released on 1924. Monetary Reform available in PDF, EPUB and Kindle.
