edited and with an introduction by Benjamin M. Friedman The connection between price inflation and real economic activity has been a focus of macroeconomic research--and debate--for much of the past century. Although this connection is crucial to our understanding of what monetary policy can and cannot accomplish, opinions about its basic properties have swung widely over the years.Today, virtually everyone studying monetary policy acknowledges that, contrary to what many modern macroeconomic models suggest, central bank actions often affect both inflation and measures of real economic activity, such as output, unemployment, and incomes. But the nature and magnitude of these effects are not yet understood.In this volume, Robert M. Solow and John B. Taylor present their views on the dilemmas facing U.S. monetary policymakers. The discussants are Benjamin M. Friedman, James K. Galbraith, N. Gregory Mankiw, and William Poole. The aim of this lively exchange of views is to make both an intellectual contribution to macroeconmics and a practical contribution to the solution of a public policy question of central importance.
| ||||||||||||||||||
Book Description
Editorial Reviews
About the Author
Benjamin M. Friedman is William Joseph Maier Professor of Political Economy at Harvard University and the author of The Moral Consequences of Economic Growth.
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, read author blogs, and more.
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
9 of 10 people found the following review helpful:
5.0 out of 5 stars
fruitful and timely discussion,
This review is from: Inflation, Unemployment, and Monetary Policy (Alvin Hansen Symposium Series on Public Policy) (Paperback)
"Inflation, Unemployment, and Monetary Policy" is one of the most serious problem in the developed countries, especially my country Japan, which is suffering a severe unemployment problem for a long recession. Because of the continuous Government's spending policy. Japanese fiscal situation is deteriorated, so japanese economy's last hope is a monetary poicy. At that time, reading this exciting book and studying excellent opinions of 6 notable economists are truly fruitful. In this book, 6 economists make a poweful and exciting discussion...of course, there is no perfect solution...But, I believe that I can make a firm basis for thinking this severe problem.
Share your thoughts with other customers: Create your own review
|
|
Inside This Book
(learn more)
First Sentence:
Since this is the first Hansen Symposium and since none of us is getting any younger, I would like to begin with a few words about Alvin Hansen's approach to the problem of inflation. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Bob Solow, John Taylor, Bill Poole, Jamie Galbraith, Ben Friedman, Milton Friedman, Alvin Hansen, Greg Mankiw, Professor Solow New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Since this is the first Hansen Symposium and since none of us is getting any younger, I would like to begin with a few words about Alvin Hansen's approach to the problem of inflation. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Bob Solow, John Taylor, Bill Poole, Jamie Galbraith, Ben Friedman, Milton Friedman, Alvin Hansen, Greg Mankiw, Professor Solow New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 8
books:
See all 8 books this book cites
11
books
cite this book:
See all 11 books citing this book
- Reducing Inflation: Motivation and Strategy (National Bureau of Economic Research Studies in Income and Wealth) by Christina D. Romer in Back Matter (1), Back Matter (2), and Back Matter (3)
- Monetary Policy (National Bureau of Economic Research Studies in Income and Wealth) by N. Gregory Mankiw in Back Matter (1), and Back Matter (2)
- Unemployment and Macroeconomics (Ohlin Lectures) by Assar Lindbeck in Back Matter
- How Keynes Came to America by John Kenneth Galbraith in Back Matter
- Economic Issues (Social Science Skills : Activities for the Secondary Classroom/Teacher Manual and Duplicating Masters) by Educational Resources Center in Back Matter
See all 8 books this book cites
- Macroeconomics: Principles, Problems, and Policies by Campbell R. McConnell on page 351
- The Impact of EMU on Europe and the Developing Countries (Wider Studies in Development Economics) by Charles Wyplosz on page 109
- France in Crisis: Welfare, Inequality, and Globalization since 1980 by Timothy B. Smith in Back Matter
- Global Economic Growth: Theories, Research, Studies, and Annotated Bibliography, 1950-1997 by Lewis-Guodo Liu on page 52
- The New Economy: And What It Means for America's Future by Roger Alcaly in Back Matter
See all 11 books citing this book
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product).
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Related forums
|
Listmania!
|
|
