The Great Inflation

The Great Inflation
Author :
Publisher : University of Chicago Press
Total Pages : 545
Release :
ISBN-10 : 9780226066950
ISBN-13 : 0226066959
Rating : 4/5 (50 Downloads)

Synopsis The Great Inflation by : Michael D. Bordo

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Employment and Unemployment

Employment and Unemployment
Author :
Publisher :
Total Pages : 76
Release :
ISBN-10 : OSU:32435065233272
ISBN-13 :
Rating : 4/5 (72 Downloads)

Synopsis Employment and Unemployment by : Diane N. Westcott

Aging and the Macroeconomy

Aging and the Macroeconomy
Author :
Publisher : National Academies Press
Total Pages : 230
Release :
ISBN-10 : 9780309261968
ISBN-13 : 0309261961
Rating : 4/5 (68 Downloads)

Synopsis Aging and the Macroeconomy by : National Research Council

The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.

Catalog of Publications

Catalog of Publications
Author :
Publisher :
Total Pages : 56
Release :
ISBN-10 : OSU:32435021056015
ISBN-13 :
Rating : 4/5 (15 Downloads)

Synopsis Catalog of Publications by : United States. Bureau of Labor Statistics