Inflation dynamic : global positive economic analysis / Weshah Razzak.

Razzak, Weshah,
Inflation dynamic :
Erişim Adresi
Taylor & Francis Link
OCLC metadata license agreement Link
ISBN
9781003382218 (ebook)
1003382215
9781000880557 (electronic bk. : PDF)
1000880559 (electronic bk. : PDF)
9781000880571 (electronic bk. : EPUB)
1000880575 (electronic bk. : EPUB)
9781032465449 (hardback)
9781032465470 (paperback)
Dil Kodu
İngilizce
Basım Bildirimi
1 Edition.
Yayın Bilgisi
New York, NY : Routledge, 2023.
Fiziksel Niteleme
1 online resource.
Dizi
Routledge international studies in money and banking
Özet, vb.
"This book explains inflation dynamic, using time series data from 1960 for 42 countries. These countries are different in every aspect, historically, culturally, socially, politically, institutionally, and economically. They are chosen on the basis of the data availability only and cover the Middle East and North Africa (MENA) region, Africa, Asia, the Caribbean, Europe, Australasia, and the United States. Inflation reached double digits in the developed countries in the 1970s and 80s, and then central banks, successfully stabilized it by anchoring inflation expectations for decades, until now. Conditional on common and country-specific shocks such as oil price shocks, financial and banking and political crises, wars, pandemics, natural disasters etc., the book tests various theoretical models about the long and short run relationships between money and prices, money growth and inflation, money growth and real output, expected inflation; the output gap, fiscal policy, and inflation, using a number of parametric and non-parametric methods, and pays attention to specifications and estimations problems. In addition, it explains why policymakers in inflation - targeting countries, e.g. the U.S., failed to anticipate the recent sudden rise in inflation. And, it examines the fallibility of the Modern Monetary Theory's policy prescription to reduce inflation by raising taxes. This is a unique and innovative book, which will find an audience among students, academics, researchers, policy makers, analysts in corporations, private and central banks and international monetary institutions"-- Provided by publisher.
Konu
Inflation (Finance) __ Case studies.
Inflation (Finance) __ Econometric models.
Macroeconomics.
BUSINESS & ECONOMICS / Economics / Macroeconomics __ bisacsh
BUSINESS & ECONOMICS / Economics / Theory __ bisacsh
BUSINESS & ECONOMICS / Economic History __ bisacsh
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