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The Conquest of American Inflation

About The Conquest of American Inflation

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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  • Language:
  • English
  • ISBN:
  • 9780691090122
  • Binding:
  • Paperback
  • Pages:
  • 168
  • Published:
  • December 1, 2001
  • Dimensions:
  • 234x158x11 mm.
  • Weight:
  • 248 g.
Delivery: 2-4 weeks
Expected delivery: December 13, 2024

Description of The Conquest of American Inflation

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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