Inflation and Deflation in East Asia, F. Rovekamp, M. Balz, H. Hilpert
Старое издание
Автор: F. Rovekamp, M. Balz, H. Hilpert Название: Inflation and Deflation in East Asia ISBN: 3031279492 ISBN-13(EAN): 9783031279492 Издательство: Springer Цена: 20962.00 р. Наличие на складе: Невозможна поставка.
Описание: "This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Gali explores various issues pertaining to monetary policy`s design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects for monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes labor and financial market frictions, the zero lower bound on nominal interest rates, and an analysis of unemployment`s significance for monetary policy. The most up-to-date introduction to the New Keynesian framework available A single benchmark model used throughout New materials and exercises included An ideal resource for graduate students, researchers, and market analysts "--
Описание: This book studies the dynamic mechanism of inflation in China from the perspective of New Keynesian Economics, and develops a multifaceted approach to explore the dynamic trajectory of price changes since China`s reform and opening up and the accompanying economics conditions.
Автор: Bernanke, Ben S. Название: 21st century monetary policy ISBN: 1324064870 ISBN-13(EAN): 9781324064879 Издательство: Wiley Рейтинг: Цена: 3166.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Insanity seems to rule the financial markets and many investors are driven by delusion and anxiety. May everything you thought you knew about investing be wrong? The Austrian School's approach provides the needed respite for investors caught in inflationary treadmills.
Conventional investment experts often overlook economic developments which may become a hazard for mainstream investors. Instead, the Austrian School of Economics has proved itself as an independent approach beyond the interests of politicians and bankers. The financial system is shaking. This book presents new paths through the shaky grounds between the tectonic plates of inflation and deflation to both private and professional investors.
"This book is a must-have for every responsible investor " (Felix W. Zulauf, Investor)
"I am grateful to the authors of this book for not only highlighting the fundamental principles of the Austrian School but also for showing how investors can make practical use of them. " (Dr. Marc Faber, Investor)
"For the first time an extensive compendium has been published in which the theoretical foundations developed by the 'Austrians' have been made useful for the investor's practical needs. The authors develop a remarkable 'Austrian investment philosophy'." (Prof. Guido H lsmann, University of Angers)
"The Austrian School's perception helps us to see long-term patterns and opportunities that today are often hidden. ...] For the authors and their important work I hope for the widest possible audience of a bestseller." (Prince Philipp von und zu Liechtenstein, Chairman LGT Group)
Автор: Mobius Mark Название: The Inflation Myth and the Wonderful World of Deflation ISBN: 1119741424 ISBN-13(EAN): 9781119741428 Издательство: Wiley Рейтинг: Цена: 3485.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
In this book, Mark Mobius, one of the world's most respected investors, offers an in-depth insight into the history of monetary appreciation and depreciation, showing the goals of using and manipulating government and central bank statistics and how we can see through it. It is designed to ask questions regarding a subject that is important to everyone and of which there is a great deal of debate: Inflation.
Written in a conversational tone, the book is divided in short illustrative anecdotes, which makes it very readable and entertaining, and lays out the following ideas:
The concept of inflation is a myth for a number of reasons. Prices of goods and services in terms of the currency of the day rise from time to time but those prices manifest themselves in different places and at different times in a multitude of ways for different people.
The interest in inflation statistics is of immense interest to governments around the world because rising prices elicit a political response among their constituents.
The measurement of inflation is severely flawed not because the diligent people who gather statistics regarding the prices of goods and services around the world are not being qualified or faithful to their effort, but because they are not only shooting at a moving target with prices changing up or down in a minute by minute basis but also the very nature of the products and services they are trying to measure are continuously changing.
Currencies, the measuring stick, used to monitor price changes, have throughout history been debased by every authority that issued them.
Governments around the world are very concerned regarding inflation since their constituents will be unhappy if costs seem to be increasing at a rapid rate. Therefore, not only do those governments put substantial resources into measuring inflation but they also do their best to control the numbers by taking many actions.
Incomes in currency terms or the buying power of consumers change continuously. So, for most of history, incomes have tended to match price increases. The effect of this phenomenon is that although it may seem that inflation is taking place, and there is even an inflationary spiral, actually, products and services are getting cheaper in terms of the earnings power of the consumer.
The Inflation Myth and the Wonderful World of Deflation is, on one hand, an introduction to the history and concept of inflation, but on the other it is a thought provoking, timely piece of work that is challenging conventional wisdom and offering an explanation of big questions that traditional theories fail to answer.
Описание: This book investigates the importance of institutional arrangements for policy outcomes. In particular, the book answers the question whether there are significant differences in IT central banks` institutional set-ups, and-if yes-whether they influence the ability of monetary authorities to meet their policy goals.
Автор: Iddrisu, Abdul-aziz Alagidede, Imhotep Paul Название: Monetary policy and food inflation in emerging and developing economies ISBN: 1032049669 ISBN-13(EAN): 9781032049663 Издательство: Taylor&Francis Рейтинг: Цена: 7501.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book focuses on the impact of monetary policy and food price volatility and inflation in emerging and developing economies.
Автор: Young Arthur N. Название: China`s Wartime Finance and Inflation, 1937-1945 ISBN: 0674434862 ISBN-13(EAN): 9780674434868 Издательство: Harvard University Press Рейтинг: Цена: 8966.00 р. Наличие на складе: Нет в наличии.
Автор: Park, Gene Katada, Saori Katada, Saori N. Chiozza, Giacomo Kojo, Yoshiko Название: Taming japan`s deflation ISBN: 1501728172 ISBN-13(EAN): 9781501728174 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 6515.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание:
Bolder economic policy could have addressed the persistent bouts of deflation in post-bubble Japan, write Gene Park, Saori N. Katada, Giacomo Chiozza, and Yoshiko Kojo in Taming Japan's Deflation. Despite warnings from economists, intense political pressure, and well-articulated unconventional policy options to address this problem, Japan's central bank, the Bank of Japan (BOJ), resisted taking the bold actions that the authors believe would have significantly helped.
With Prime Minister Abe Shinzo's return to power, Japan finally shifted course at the start of 2013 with the launch of Abenomics—an economic agenda to reflate the economy—and Abe's appointment of new leadership at the BOJ. As Taming Japan's Deflation shows, the BOJ's resistance to experimenting with bolder policy stemmed from entrenched policy ideas that were hostile to activist monetary policy. The authors explain how these policy ideas evolved over the course of the BOJ's long history and gained dominance because of the closed nature of the broader policy network.
The explanatory power of policy ideas and networks suggests a basic inadequacy in the dominant framework for analysis of the politics of monetary policy derived from the literature on central bank independence. This approach privileges the interaction between political principals and their supposed agents, central bankers; but Taming Japan's Deflation shows clearly that central bankers' views, shaped by ideas and institutions, can be decisive in determining monetary policy. Through a combination of institutional analysis, quantitative empirical tests, in-depth case studies, and structured comparison of Japan with other countries, the authors show that, ultimately, the decision to adopt aggressive monetary policy depends largely on the bankers' established policy ideas and policy network.
Автор: Smith, Michael R. Название: Power, Norms, and Inflation ISBN: 0202304302 ISBN-13(EAN): 9780202304304 Издательство: Taylor&Francis Рейтинг: Цена: 6583.00 р. Наличие на складе: Нет в наличии.
ООО "Логосфера " Тел:+7(495) 980-12-10 www.logobook.ru
