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035   $a(OCoLC)851157180
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035   $a(OCoLC)979579318
035   $a(DE-B1597)9781400846443
035   $a(Au-PeEL)EBL1179194
035   $a(CaPaEBR)ebr10724379
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100   $a20130417d2013      uy         0
101 0 $aeng
135   $aurcn|||||||||
181   $ctxt
182   $cc
183   $acr
200 10$aRemembering inflation /$fBrigitte Granville
205   $aCourse Book
210   $aPrinceton, N.J. $cPrinceton University Press$d2013
215   $a1 online resource (291 p.)
300   $aDescription based upon print version of record.
311   $a0-691-14540-7 
311   $a1-299-68806-3 
320   $aIncludes bibliographical references and index.
327   $tFront matter --$tContents --$tPreface --$tAcronyms --$tChapter 1. The End of a Mirage --$tChapter 2. Origins of Inflation --$tChapter 3. Ending Inflation Without Prolonged Recession --$tChapter 4. The Coordination of Monetary and Fiscal Policy --$tChapter 5. Who Is Voting for Low Inflation and Why? --$tChapter 6. Monetary and Financial Stability --$tChapter 7. Inflation in an Open World --$tConclusion. Adapting to Expectations --$tReferences --$tIndex
330   $aToday's global economy, with most developed nations experiencing very low inflation, seems a world apart from the "Great Inflation" that spanned the late 1960's to early 1980's. Yet, in this book, Brigitte Granville makes the case that monetary economists and policymakers need to keep the lessons learned during that period very much in mind, lest we return to them by making the same mistakes we made in the past. Granville details the advances in macroeconomic thinking that gave rise to the "Great Moderation"--a period of stable inflation and economic growth, which lasted from the mid-1980's through the most recent financial crisis. She makes the case that the central banks' management of monetary policy--hinging on expectations and credibility--brought about this period of stability, and traces the roots of this success back to the eighteenth-century foundations of modern monetary thought. Tackling fundamental questions such as the causes of inflation and its relation to unemployment and growth, the natural rate of inflation hypothesis, the fiscal theory of the price level, and the proper goals of central banks, the book aims above all to demonstrate the dangers of forgetting the role of credibility in establishing sound monetary policy. With the lessons of the past firmly in mind, Granville presents stimulating ideas and proposals about inflation-targeting principles, which provide tools for present-day monetary authorities dealing with the forces of globalization, mercantilism, and reserve accumulation.
606   $aInflation (Finance)
610   $aBrazil.
610   $aGreat Moderation.
610   $aRussia.
610   $aSargent and Wallace.
610   $acapacity utilization.
610   $acentral bank.
610   $acompetition.
610   $aeconomic growth.
610   $aeconomic theory.
610   $aeconomists.
610   $aeuro.
610   $aexchange rate.
610   $aexternal rule.
610   $afinancial crisis.
610   $afinancial integration.
610   $afinancial stability.
610   $afiscal policy.
610   $aglobal economy.
610   $aglobalization.
610   $aincome inequality.
610   $ainflation control.
610   $ainflation.
610   $ainternational trade.
610   $amacroeconomic policy.
610   $amacroeconomics.
610   $amonetary policy.
610   $amonetary stability.
610   $amonetary thought.
610   $apoverty.
610   $aprice level.
610   $aprice stability.
610   $apublic debt.
610   $arecession.
610   $asocial welfare.
610   $asolvency.
610   $astable inflation.
610   $aunemployment.
610   $aworld economy.
615  0$aInflation (Finance)
676   $a332.41
700   $aGranville$b Brigitte$0569560
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910827840803321
996   $aRemembering inflation$94007403
997   $aUNINA