This book identifies the likely causes of high inflation and assesses the available policy options for preventing or curing it. The approach consists of making hypotheses about the economic motivation of individuals, developing a model of their behaviour, testing the model against the data and assessing the results. Questions are raised about the efficacy of the conventional policy of creating a recession in order to reduce inflation. Other policy options are suggested including the restructuring of the wage re-negotiation process. The book is aimed at anyone involved in macro-economic modelling, forecasting and policy advice.
Product Identifiers
Publisher
Chapman and Hall
ISBN-13
9780412358708
eBay Product ID (ePID)
94503366
Product Key Features
Author
P.A. Rowlatt
Publication Name
Inflation
Format
Hardcover
Language
English
Subject
Government, Finance
Publication Year
1993
Type
Textbook
Number of Pages
234 Pages
Dimensions
Item Height
235mm
Item Width
155mm
Item Weight
1170g
Additional Product Features
Title_Author
P.A. Rowlatt
Series Title
International Studies in Economic Modelling
Country/Region of Manufacture
United Kingdom
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