The Role of Policymakers in Business Cycle Fluctuations
Versandkostenfrei!
Versandfertig in 1-2 Wochen
105,99 €
inkl. MwSt.
Weitere Ausgaben:
PAYBACK Punkte
53 °P sammeln!
The books central theme is that a policymakers role is to enhance the publics ability to co-ordinate 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. The authors use historical, formal, and applied statistical analysis of business-cycle performance in the United States for the 1960 to 2...
The books central theme is that a policymakers role is to enhance the publics ability to co-ordinate 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. The authors use historical, formal, and applied statistical analysis of business-cycle performance in the United States for the 1960 to 2000 period.
Andere Kunden interessierten sich für
