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While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation. Section I discusses the consequences of inflation. These papers analyze inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's sense of well-being. Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970's, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries. This timely volume should be read by anyone who studies or conducts monetary policy.

Inflation (finance) --- Monetary policy --- 336.748.12 --- AA / International- internationaal --- 333.841 --- NBB congres --- NAIRU --- Inflation (Finance) --- 332.41 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Finance --- Natural rate of unemployment --- Algemeen prijsniveau. Prijsindex. Prijsstijging --- Inflatie. --- Monetary policy. --- Inflation (Finance). --- 336.748.12 Algemeen prijsniveau. Prijsindex. Prijsstijging --- Inflatie --- Colección Historia (Editorial Los Amigos del Libro). --- E-books --- Política monetaria --- economics, finance, money, financial, economy, economist, reduction, analysis, analyzed, monetary, policy, consequence, tax, taxes, system, essay collection, academic, scholarly, research, college, university, higher ed, education, textbook, professor, researcher, banker, banking, unemployment, united states, germany, western, market, labor, international.

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economie --- Economics --- Economie --- markttheorie --- arbeidsmarkt --- productie --- geldmarkt --- consumptie --- 330.1 --- Academic collection --- 000.1 --- 33 --- 340.9 --- 330 --- arbeidsaanbod --- consumentengedrag --- geldwezen --- inflatie --- internationaal handelsverkeer --- macro-economie --- markteconomie --- monopolie --- oligopolie --- producentengedrag --- speltheorie --- vraag en aanbod --- werkloosheid --- wisselkoersen --- micro-economie --- 659 --- 331.6 --- 658.5 --- 336 --- 339.4 --- Economische grondbegrippen. Algemene begrippen in de economie --- Algemene werken --- theoretische economie - inleidingen --- economie algemeen --- Economie. --- 330.1 Economische grondbegrippen. Algemene begrippen in de economie

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336.748.12 --- 336.781 --- 336.2 --- Fiscal policy --- Inflation (Finance) --- Interest rates --- -Monetary policy --- 336.74 --- 336.3 --- AA / International- internationaal --- 333.841 --- 333.846.2 --- 333.846.6 --- 330.05 --- 332.46 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Tax policy --- Taxation --- Finance, Public --- Finance --- Natural rate of unemployment --- 336.2 Belastingen. Belastingswezen. Openbare financien. Belastingspolitiek. Belastingstheorie. Belastingsharmonisatie. Fiskale politiek. Belastingsleer. Belastingsdruk. Belastingstechniek. Belastingsstelsel.Belastingstarief --- 336.2 Belastingsakkoorden. Belastingswezen --- Belastingen. Belastingswezen. Openbare financien. Belastingspolitiek. Belastingstheorie. Belastingsharmonisatie. Fiskale politiek. Belastingsleer. Belastingsdruk. Belastingstechniek. Belastingsstelsel.Belastingstarief --- Belastingsakkoorden. Belastingswezen --- 336.781 Rente. Interest. Interestpolitiek. Yield-curve-analyse.bankrate. Interestvoet. Rentevoet. Depositorente. Fisher-hypothesis. --- Rente. Interest. Interestpolitiek. Yield-curve-analyse.bankrate. Interestvoet. Rentevoet. Depositorente. Fisher-hypothesis. --- 336.748.12 Algemeen prijsniveau. Prijsindex. Prijsstijging --- Algemeen prijsniveau. Prijsindex. Prijsstijging --- Money market rates --- Rate of interest --- Rates, Interest --- Interest --- Effect of inflation on --- Geld. Monetaire politiek --- Openbare schulden --- Inflatie. --- Verband tussen de geld-, bank- en kredietpolitiek en de prijzen. --- verband tussen de geld-, bank- en kredietpolitiek en de openbare financiën. --- Government policy --- Economics --- -330.05 --- Economic theory --- Political economy --- Social sciences --- Economic man --- Electronic information resources --- E-journals --- Monetary policy --- Inflatie --- Verband tussen de geld-, bank- en kredietpolitiek en de prijzen --- verband tussen de geld-, bank- en kredietpolitiek en de openbare financiën --- Rente. Interest. Interestpolitiek. Yield-curve-analyse.bankrate. Interestvoet. Rentevoet. Depositorente. Fisher-hypothesis --- Money. Monetary policy --- Public debt --- Money --- Credit --- Credit. --- Interest. --- Monetary policy. --- Money. --- Currency --- Monetary question --- Money, Primitive --- Specie --- Standard of value --- Exchange --- Value --- Banks and banking --- Coinage --- Currency question --- Gold --- Silver --- Silver question --- Wealth --- Interest and usury --- Finance charges --- Income --- Borrowing --- Loans --- Law and legislation --- Political aspects --- Norway --- Norway. --- Kingdom of Norway --- Kongeriket Noreg --- Kongeriket Norge --- Noreg --- Norga --- Norge --- Norgga gonagasriika --- Norja --- Noruwē --- Norvège --- Norvegia --- Norveška --- Norwegen --- Norwegia --- ノルウェー --- Noruw --- Economic conditions --- Economic history. --- History, Economic