Articles liés à Indexing, Inflation, and Economic Policy

Indexing, Inflation, and Economic Policy - Couverture rigide

Fischer, Stanley

 
9780262060981: Indexing, Inflation, and Economic Policy
Couverture rigide
ISBN 10 : 0262060981 ISBN 13 : 9780262060981
Editeur : The MIT Press, 1986

Synopsis

Mainstream macroeconomics is under attack, professionally and in the popular press, as rarely before. Stanley Fischer has brought together this collection of essays in support of the view that mainstream macroeconomics can contribute much that it is both scientifically and socially useful to the analysis of policy issues and controversies. The book is divided into four parts, each with its own introduction. The preface presents Fischer's methodological defense of macroeconomics. The essays cover: The Costs and Effects of Inflation: Toward an Understanding of the Real Effects and Costs of Inflation (with Franko Modigliani). Toward an Understanding of the Costs of Inflation: II. Inflation, Unemployment, and Public Opinion Polls (with John Huizinga). Relative Shocks, Relative Price Variability, and Inflation. Wage Indexation and Inflation: Wage Indexation and Macroeconomic Stability. Indexing and Inflation. Contracts, Credibility, and Disinflation. Exchange Rate versus Money Targets in Disinflation. Indexation in the Capital Markets: The Demand for Index Bonds. On the Nonexistence of Privately issued index Bonds in the U.S. Capital Market. Call Option Pricing When the Exercise Price Is Uncertain, and the Valuation of Index Bonds. Welfare Aspects of Government Issue of Indexed Bonds. Policy Issues: Long-Term Contracts, Rational Expectations, and the Optional Money Supply Rule. Seigniorage and the Case for a National Money. On Activist Monetary Policy with Rational Expectations. Dynamic Inconsistency, Cooperation, and the Benevolent Dissembling Government. Israeli Inflation and Indexation.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Stanley Fischer is former Governor of the Bank of Israel and has been nominated as Vice Chair of the Federal Reserve]. He is the author of IMF Essays from a Time of Crisis: The International Financial System, Stabilization, and Development (MIT Press).

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
The MIT Press
Date d'édition
1986
Langue
anglais
ISBN 10 
0262060981
ISBN 13 
9780262060981
Reliure
Relié
Nombre de pages
504
Coordonnées du fabricant
non disponible
Personne responsable
non disponible