The theory of inflation an Edward Elgar research review

The Theory of Inflation presents in one volume a comprehensive description of the historical inflation record, surveys the current state of knowledge on the fundamental forces that cause inflation and the mechanisms that propagate it, and examines the costs of inflation and the problems of achieving...

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Bibliographic Details
Main Author: Parkin, Michael
Format: eBook
Language:English
Published: Cheltenham, UK Edward Elgar Publishing Limited 2016, c. 2016
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Table of Contents:
  • Theory and Evidence', in B.M. Friedman and F.H. Hahn (eds), Handbook of Monetary Economies, Volume II, Amsterdam: Elsevier Science Publishers B.V., 963-1012
  • Phillip Cagan (1956), 'The Monetary Dynamics of Hyperinflation', in Milton Friedman (ed.), Studies in the Quantity Theory of Money, Chicago: University of Chicago Press, 25-117
  • Maurice Obstfeld and Kenneth Rogoff (1983), 'Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?', Journal of Political Economy, 91 (4), August, 675-87
  • Foundations of a Theory of Monetary Policy, Princeton, NJ: Princeton University Press
  • "Friedman, Milton (1968), "The Role of Monetary Policy," American Economic Review 58, 1-17"
  • "Phelps, Edmund S. (1968), "Money Wage Dynamics and Labor Market Equilibrium," Journal of Political Economy 76, 678-711, amended and reprinted in Phelps (1970)"
  • "Lucas, Robert E., Jr (1972), "Expectations and the Neutrality of Money," Journal of Economic Theory 4, 103-124"
  • "Calvo, Guillermo A. (1983), "Staggered Prices in a Utility-Maximizing Framework," Journal of Monetary Economics 12, 383-398"
  • "Rotemberg, Julio J. (1987), "The New Keynesian Microfoundations," NBER Macroeconomics Annual 1987, edited by Stanley Fischer, Cambridge, MA and London: MIT Press, 69-116"
  • Includes bibliographical references and index
  • A Concrete Example," Federal Reserve Bank of Richmond Economic Review (September/October), 10-18"
  • "McCallum, Bennett T. (1988), "Robustness Properties of a Rule for Monetary Policy," Carnegie-Rochester Conference Series on Public Policy 29 (Autumn), 173-204"
  • A Survey", Economic Journal 85, December, 741-809"
  • "McCallum, Bennett T. (1990), "Could a Monetary Base Rule Have Prevented the Great Depression?" Journal of Monetary Economics 26 (August), 3-26"
  • "Cagan, Philip (1956), "The Monetary Dynamics of Hyperinflation", in Milton Friedman (ed.), Studies in the Quantity Theory of Money, Chicago: University of Chicago Press, 25-117"
  • "Obstfeld, Maurice and Kenneth Rogoff (1983), "Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?", Journal of Political Economy 91 (4), August, 675-678"
  • "Phelps-Brown, E.H. and Shiela V. Hopkins (1956), "Seven Centuries of the Prices of Consumables, compared with Builders' Wage-Rates", Economica, New Series, XXIII (89-92), November, 296-314"
  • "O'Donoghue, Jim, Louise Goulding, and Grahame Allen (2004), "Consumer Price Inflation Since 1750," Economic Trends, 604, 38-46"
  • "Anna J. Schwartz (1973), "Secular Price Change in Historical Perspective", Journal of Money, Credit, and Banking, 5 (1, Pt II), February, 243-269"
  • "Duck, Nigel W. (1993), "Some International Evidence on the Quantity Theory of Money", Journal of Money, Credit, and Banking 25 (1), February, 1-12"
  • "Ng, Serena and Jonathan H. Wright (2013), "Facts and Challenges from the Great Recession for Forecasting and Macroeconomic Modeling," Journal of Economic Literature 51 (4), 1120-1154"
  • Jakob De Haan and Jan Egbert Sturm (1992), 'The Case for Central Bank Independence', Banca Nationale del Lavoro Quarterly Review, 182, September, 305-27
  • theory and Evidence", in B.M. Friedman and F.H. Hahn (eds), Handbook of Monetary Economics, Volume II, Amsterdam: Elsevier Science Publishers, 963-1012"
  • Bernanke, Ben S., Thomas Laubach, Frederic S. Mishkin, and Adam S. Posen (1999), Inflation Targeting: Lessons from the International Experience, Princeton, NJ: Princeton University Press
  • "Parkin, Michael (2014), "The Effects of Central Bank Independence and Inflation Targeting on Macroeconomic Performance: Evidence from Quasi-Natural Experiments," Review of Economic Analysis 6 (1), 1-35"
  • "Barro, Robert and David Gordon (1983), "A Positive Theory of Monetary Policy in a Natural Rate Model", Journal of Political Economy 91 (4), August, 589-610"
  • "Blackburn, Keith and Michael Christensen (1989), "Monetary Policy and Policy Credibility: Theories and Evidence", Journal of Economic Literature XXVII (1), March, 1-45"
  • MIT Press, Volume 18"
  • "Dotsey, Michael, Robert G. King, and Alexander L. Wolman (1999), "State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output," Quarterly Journal of Economics 114 (2), 655-690"
  • "King, Robert G. and Charles I. Plosser (1984), "Money, Credit, and Prices in a Real Business Cycle," American Economic Review, 74 (3) (June) 363-380"
  • "Svensson, Lars E.O. (1999), "Price-Level Targeting versus Inflation Targeting: A Free Lunch?" Journal of Money, Credit and Banking 31 (August), 277-295"
  • "Taylor, John B. (1993), "Discretion versus Policy Rules in Practice," Carnegie-Rochester Conference Series on Public Policy 39, 195-214"
  • Bank of Japan and Macmillan Press, 7-29"
  • "Simons, Henry C. (1936), "Rules Versus Authorities in Monetary Policy," Journal of Political Economy 44 (1), February, 1-30"
  • "Kydland, Finn E. and Edward C. Prescott, (1977), "Rules Rather than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy 85 (3) (June), 473-492"
  • Theory and Evidence", Quarterly Journal of Economics CVIII (4), November, 869-903"
  • "de Haan, Jakob and Jan Egbert Sturm (1992), "The Case for Central Bank Independence", Banca Nazionale del Lavoro Quarterly Review 182, September, 305-327"
  • Anna J. Schwartz (1973), 'Sccular Price Change in Historical Perspective', Journal of Money, Credit, and Banking, 5 (1, Pt II), February, 243-69
  • E.H. Phelps Brown and Sheila V. Hopkins (1956), 'Seven Centuries of tbe Prices of Consumables, compared with Builders' Wage-Rates', Economica, New Series, XXIII (89-92), November, 296-314
  • Nigel W. Duck (1993), 'Some International Evidence on the Quantity Theory of Money', Journal of Money, Credit, and Banking, 25 (1), February, 1-12
  • David Laidler and Michael Parkin (1975), 'Inflation: A Survey', Economie Journal, 85, December, 741-809
  • II', in Karl Brunner and Allan H. Meltzer (eds), The Costs and Consequences of Inflation, Carnegie-Roches ter Conference Series on Public Policy, Volume 15, Amsterdam: North-Holland, 5-41
  • Max Gillman (1993), 'The Welfare Cost of Inflation in a Cash-in-Advance Economy with Costly Credit', Journal of Monetary Economies, 31, 97-115
  • Wouter J. Den Haan (1990), 'The Optimal Inflation Path in a Sidrauski-Type Model with Uncertainty', Journal of Monetary Economies, 25, 389-409
  • Peter Howitt (1990), 'Zero Inflation as a Long-Term Target for Monetary Policy', in Richard G. Lipsey (ed.), Zero Inflation: The Goal of Price Stability, Toronto: C.D. Howe Institute, 67-108
  • The Goal of Price Stability, Toronto: C.D. Howe Institute, 67-108"
  • "Sargent, Thomas (1982), "The Ends of Four Big Inflations", in Robert E. Hall (ed.), Inflation: Causes and Effects, Chapter 2, Chicago: National Bureau of Economic Research and University of Chicago Press, 41-97"
  • "Suzuki, Yoshio (1985), "Japan's Monetary Policy Over the Past 10 Years", Monetary and Economic Studies 3 (2), September, 1-9"
  • A Proposal To Replace The New Keynesian Phillips Curve," Quarterly Journal of Economics 117 (4) (November), 1295-1328"
  • Causes and Effects, Chapter 2, Chicago: National Bureau of Economie Research and University of Chicago Press, 41-97
  • Yoshio Suzuki (1985), 'Japan's Monetary Policy Over the Past 10 Years', in Monetary and Economie Studies, 3 (2), September, 1-9
  • Allan H. Meltzer (1993), 'Some Lessons from the Great Inflations', in Kumiharu Shigehara (ed.), Price Stabilization in the 1990s, London: Bank of Japan and Macmillan Press Ltd., 7-29
  • Robert J. Barro and David B. Gordon (1983), 'A Positive Theory of Monetary Policy in a Natural Rate Model', Journal of Political Economy, 91 (4), August, 589-610
  • Keith Blackbum and Michael Christensen (1989), 'Monetary Policy and Policy Credibility: Theories and Evidence', Journal of Economie Uterature, XXVII (I), March, 1-45
  • David Romer (1993), 'Openness and Inflation: Theory and Evidence', Quarterly Journal of Economies, CVIII (4), November, 869-903
  • A Critique," Carnegie-Rochester Conferences on Public Policy 1, 19-46"
  • Fischer, Stanley (ed.) (1980), Rational Expectations and Economic Policy, Chicago: University of Chicago Pres
  • "Bailey, M.J. (1956), "The Welfare Cost of Inflationary Finance", Journal of Political Economy, 64 (2), 93-110"
  • "Fischer, Stanley (1981), "Towards an Understanding of the Costs of Inflation: II" in Karl Brunner and Allan H. Meltzer (eds), The Costs and Consequences of Inflation, Carnegie-Rochester Conference Series on Public Policy, Volume 15, Amsterdam: North-Holland, 5-41"
  • "Gillman, Max (1993), "The Welfare Cost of Inflation in a Cash-in-Advance Economy with Costly Credit", Journal of Monetary Economics 31, 97-115"