The Role of Policymakers in Business Cycle Fluctuations - Image 1

£81.85

Cambridge University Press The Role of Policymakers in Business Cycle Fluctuations

Name: The Role of Policymakers in Business Cycle Fluctuations
Brand: Cambridge University Press
Price: 81.85 GBP
Availability: InStock

Business & Economic History

This is the usual price. Wait for it to drop, or tell us your number.

£82 today · usual range £63–£83 · best ever £63

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 66 days · 66 data points (no recent data)

Historical

Generating forecast…

Price Distribution

Price distribution over 66 days • 4 price levels

Days at Price

Current Price

Price Analysis

Most common price: £80 (35 days, 53.0%)

Price range: £63 - £83

Price levels: 4 different prices over 66 days

Description

This book's central theme is that a policymaker's role is to enhance the public's ability to coordinate their price information, price expectations, and economic activities. This role is fulfilled when policymakers maintain inflation stability. Inflation persists less when an implicit or explicit inflation target is met. Granato and Wong argue that inflation persistence is reduced when the public substitutes the prespecified inflation target for past inflation. A by-product of this co-ordination process is greater economic stability. In particular, inflation stability contributes to greater economic output stability, including the potential for the simultaneous reduction of both inflation and output variability - inflation-output co-stabilization (IOCS). Granato and Wong use historical, formal, and applied statistical analysis of business-cycle performance in the United States for the 1960 to 2000 period. They find that during periods when policymakers emphasize inflation stability, inflation uncertainty and persistence were reduced.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521860164
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 27 April 2006
Listed Since: 15 December 2006

Barcode

No barcode data available

Cambridge University Press The Role of Policymakers in Business Cycle Fluctuations

This is the usual price. Wait for it to drop, or tell us your number.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Monetary Policy and Financial Stability: Challenges before and after the Global Financial Crisis

The Pressures on American Monetary Policy

Inflation Dynamics in South Africa: The Role of Thresholds, Exchange Rate Pass-through and Inflation Expectations on Policy Trade-offs

MACROECONOMIC POLICIES FOR STABLE GROWTH

Theories of Inflation (Cambridge Surveys of Economic Literature)

Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era

Bankers, Bureaucrats, and Central Bank Politics: The Myth of Neutrality (Cambridge Studies in Comparative Politics)

Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era

The Theory of Economic Policy: Statics and Dynamics

The Institutional Foundations of Public Policy in Argentina: A Transactions Cost Approach (Political Economy of Institutions and Decisions)

The Costs and Benefits of Price Stability (National Bureau of Economic Research Conference Report)

Macroeconomic Theory: Fluctuations, Inflation and Growth in Closed and Open Economies

Managing Economic Volatility and Crises: A Practitioner's Guide

Exchange Rate Economics (Cambridge Surveys of Economic Literature)

Macroeconomic Policies of Developed Democracies (Cambridge Studies in Comparative Politics)

Macroeconomic Policy in the Canadian Economy

Productivity Growth, Inflation, and Unemployment: The Collected Essays of Robert J. Gordon

The Changing Face of Central Banking: Evolutionary Trends Since World War II (Studies in Macroeconomic History)

The Resurgence of Inflation: Lessons from History and Policy Recommendations: 57 (Financial and Monetary Policy Studies, 57)

Changing Face of Central Banking: Evolutionary Trends since World War II (Studies in Macroeconomic History)

The Economics of High Inflation

State Government Budget Stabilization: Policy, Tools, and Impacts: 8 (Studies in Public Choice, 8)

Trade and Tax Policy, Inflation and Exchange Rates: A Modern View (Studies in International Economics and Institutions)

Challenges for Central Banking