National Bureau of Economic Research project report
Includes bibliographical references and indexes.
1. Why stopping inflation may be costly : evidence from fourteen historical episodes / Robert J. Gordon -- 2. The ends of four big inflations / Thomas J. Sargent -- 3. United States inflation and the choice of monetary standard / Robert J. Barro -- 4. Exploration in the gold standard and related policies for stabilizing the dollar / Robert E. Hall -- 5. The effect of inflation on the private pension system -- 6. The disruptive effect of inflation on the organization of markets / Dennis W. Carlton -- 7. Inflation, capital taxation, and monetary policy / Martin Feldstein -- 8. Adapting to inflation in the United States economy / Stanley Fischer -- 9. United States inflation and the dollar / Jacob A. Frenkel -- 10. Public concern about inflation and unemployment in the United States : trends, correlates, and political implications / Douglas A. Hibbs, Jr. -- 11. Inflation, corporate profits, and the rate of return to capital / Jeremy I. Bulow and John B. Shoven -- 12. The anatomy of double-digit inflation in the 1970s / Alan S. Blinder.
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This volume presents the latest thoughts of as brilliant group of young economists on one of the most persistent economic problems facing the United States ad the world, inflation. Rather than attempting an encyclopedic effort or offering specific policy recommendations, the contributors have emphasized the diagnosis of problems and the description of events that economists most thoroughly understand. Reflecting a dozen diverse views-many of which challenge established orthodoxy-they illuminate the economic and political processes involved in this important issue.
University of South Alabama
Inflation (Finance)
Inflation (Finance)-- United States.
Inflation (Finance)-- United States-- Addresses, essays, lectures.