Understanding inflation and the implications for monetary policy : a Phillips curve retrospective / edited by Jeff Fuhrer [and others] ; foreword by Paul A. Samuelson.

Understanding inflation and the implications for monetary policy : a Phillips curve retrospective /

The 'Phillips curve' represents the inverse relationship between inflation & unemployment, & is a central concept in macroeconomic analysis. This volume offers an assessment of how more sophisticated analysis of prices & wage setting & inflation expectations have changed th...

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Bibliographic Details
Other Authors: Fuhrer, Jeff
Format: Electronic eBook
Language:English
Published: Cambridge, MA : MIT Press, ©2009.
Subjects:
Inflation (Finance) > Congresses.
Phillips curve > Congresses.
Monetary policy > Congresses.
Unemployment > Effect of inflation on > Mathematical models > Congresses.
proceedings (reports)
Conference papers and proceedings.
Online Access: Full text (Wentworth users only)
Local Note:ProQuest Ebook Central
Table of Contents:
  • Acknowledgments; Foreword; 1 The Phillips Curve in Historical Context; 2 Fifty Years of the Phillips Curve; 3 Forecasting Inflation; 4 The Labor Market and the Phillips Curve; 5 Inflation Expectations; 6 Evidence on Price Determination; 7 Is the Phillips Curve Vertical in the Long Run?; 8 Lessons for Central Bankers; 9 The Phillips Curve Going Forward; Contributors; Author Index; Subject Index

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