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The Conquest of American Inflation

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Presents an analysis of the rise and fall of US inflation after 1960. This book examines two explanations for the behavior of inflation and unemployment in this period: the natural-rate hypothesis joined to the Lucas critique and a more traditional econometric policy evaluation modified to include adaptive expectations and learning.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780691090122
  • Indbinding:
  • Paperback
  • Sideantal:
  • 168
  • Udgivet:
  • 2. december 2001
  • Størrelse:
  • 234x158x11 mm.
  • Vægt:
  • 248 g.
  • 8-11 hverdage.
  • 21. november 2024

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Presents an analysis of the rise and fall of US inflation after 1960. This book examines two explanations for the behavior of inflation and unemployment in this period: the natural-rate hypothesis joined to the Lucas critique and a more traditional econometric policy evaluation modified to include adaptive expectations and learning.

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