Defensive Expectations : Reinventing the Phillips Curve as a Policy Mix / / by Liviu Voinea
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| Autore: |
Voinea Liviu
|
| Titolo: |
Defensive Expectations : Reinventing the Phillips Curve as a Policy Mix / / by Liviu Voinea
|
| Pubblicazione: | Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2021 |
| Edizione: | 1st ed. 2021. |
| Descrizione fisica: | 1 online resource (XXVII, 196 p. 21 illus.) |
| Disciplina: | 331.13720724 |
| 332.414 | |
| Soggetto topico: | Macroeconomics |
| Economic policy | |
| Microeconomics | |
| Economics | |
| International economic relations | |
| Macroeconomics and Monetary Economics | |
| Economic Policy | |
| Political Economy and Economic Systems | |
| International Political Economy' | |
| Note generali: | Includes index. |
| Nota di contenuto: | 1. The Phillips Curve: what went wrong -- 2. An alternative theory of consumption -- 3. The post-crisis Phillips Curve: cumulative wage gap vs. inflation gap -- 4. Empirical evidence -- 5. Policy implications. |
| Sommario/riassunto: | This book takes us through the journey of the Phillips Curve to the present debate, dominated by the post-great recession puzzles and the challenges to the fundamental stable relationship between inflation and economic slack. Liviu makes an insightful contribution to the discussion and to our understanding of inflation dynamics by introducing the concept of cumulative wage gap as a measure of slack.Luis de Guindos, Vice President European Central Bank . |
| Titolo autorizzato: | Defensive expectations |
| ISBN: | 9783030550455 |
| 3030550451 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910483975303321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |