000			03582cam a2200373Ii 4500
001			ocn851157180
003			OCoLC
005			20240726105401.0
008			130628s2013 njua ob 001 0 eng d
040			_aIDEBK _beng _epn _erda _cIDEBK _dEBLCP _dE7B _dNT _dYDXCP _dMHW _dCDX _dLRU _dMEAUC _dOCLCQ _dJSTOR _dOCLCF _dOCLCQ _dDEBSZ _dDEBBG _dP@U _dOCLCQ
020			_a9781400846443 _q((electronic)l(electronic)ctronic)
020			_a9781299688063 _q((electronic)l(electronic)ctronic)
050	0	4	_aHG229 _b.R464 2013
049			_aMAIN
100	1		_aGranville, Brigitte. _e1
245	1	0	_aRemembering inflationBrigitte Granville.
260			_aPrinceton, New Jersey : _bPrinceton University Press, _c(c)2013.
300			_a1 online resource (xvi, 272 pages) : _billustrations
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
504			_a2
520	0		_a"Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the "Great Inflation" that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that monetary economists and policymakers need to keep the lessons learned during that period very much in mind, lest we return to them by making the same mistakes we made in the past. Granville details the advances in macroeconomic thinking that gave rise to the "Great Moderation"--A period of stable inflation and economic growth, which lasted from the mid-1980s through the most recent financial crisis. She makes the case that the central banks' management of monetary policy--hinging on expectations and credibility--brought about this period of stability, and traces the roots of this success back to the eighteenth-century foundations of modern monetary thought. Tackling fundamental questions such as the causes of inflation and its relation to unemployment and growth, the natural rate of inflation hypothesis, the fiscal theory of the price level, and the proper goals of central banks, the book aims above all to demonstrate the dangers of forgetting the role of credibility in establishing sound monetary policy. With the lessons of the past firmly in mind, Granville presents stimulating ideas and proposals about inflation-targeting principles, which provide tools for present-day monetary authorities dealing with the forces of globalization, mercantilism, and reserve accumulation."--Publisher's website.
505	0	0	_aCover; Title; Copyright; Dedication; CONTENTS; Preface; Acronyms; CHAPTER 1: The End of a Mirage More Money Increases Inflation but Not Employment; CHAPTER 2: Origins of Inflation Monetary, Fiscal, and Financial Links; CHAPTER 3: Ending Inflation Without Prolonged Recession Introducing Credibility; CHAPTER 4: The Coordination of Monetary and Fiscal Policy; CHAPTER 5: Who Is Voting for Low Inflation and Why?; CHAPTER 6: Monetary and Financial Stability Conflict or Complementarity; CHAPTER 7: Inflation in an Open World Does That Change the Rules?; CONCLUSION: Adapting to Expectations.
530			_a2 _ub
650		0	_aInflation (Finance)
650		0	_aMonetary policy.
655		1	_aElectronic Books.
856	4	0	_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=571951&site=eds-live&custid=s3260518 _zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942			_cOB _D _eEB _hHG _m2013 _QOL _R _x _8NFIC _2LOC
994			_a92 _bNT
999			_c98562 _d98562
902			_a1 _bCynthia Snell _c1 _dCynthia Snell