Download EBOOK Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective PDF for free


Download EBOOK Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective PDF for free Category: Business, Finance & Law
The author of the book: Foreword by Paul A. Samuelson
Format files: PDF, EPUB, TXT, DOCX
The size of the: 368 KB
Language: English
ISBN-13: 9780262013635
Edition: MIT Press
Date of issue: 30 October 2009

Description of the book "Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective":

In 1958, economist A. W. Phillips published an article describing what he observed to be the inverse relationship between inflation and unemployment; subsequently, the "Phillips curve" became a central concept in macroeconomic analysis and policymaking. But today's Phillips curve is not the same as the original one from fifty years ago; the economy, our understanding of price setting behavior, the determinants of inflation, and the role of monetary policy have evolved significantly since then. In this book, some of the top economists working today reexamine the theoretical and empirical validity of the Phillips curve in its more recent specifications PDF. The contributors consider such questions as what economists have learned about price and wage setting and inflation expectations that would improve the way we use and formulate the Phillips curve, what the Phillips curve approach can teach us about inflation dynamics, and how these lessons can be applied to improving the conduct of monetary policy. ContributorsLawrence Ball, Ben Bernanke, Oliver Blanchard, V. V. Chari, William T. Dickens, Stanley Fischer, Jeff Fuhrer, Jordi Gali, Michael T. Kiley, Robert G. King, Donald L. Kohn, Yolanda K. Kodrzycki, Jane Sneddon Little, Bartisz Mackowiak, N. Gregory Mankiw, Virgiliu Midrigan, Giovanni P. Olivei, Athanasios ePub Orphanides, Adrian R. Pagan, Christopher A. Pissarides, Lucrezia Reichlin, Paul A. Samuelson, Christopher A. Sims, Frank R. Smets, Robert M. Solow, Jrgen Stark, James H. Stock, Lars E. O. Svensson, John B. Taylor, Mark W. Watson

Download EBOOK Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective PDF for free


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Foreword by Paul A. Samuelson

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Download EBOOK Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective PDF for free



Download EBOOK Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective for free

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