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Understanding inflation and the implications for monetary policy : a Phillips curve retrospective / edited by Jeff Fuhrer ... [et al.] ; foreword by Paul A. Samuelson.
- Format:
- Book
- Language:
- English
- Subjects (All):
- Inflation (Finance)--Congresses.
- Inflation (Finance).
- Phillips curve--Congresses.
- Phillips curve.
- Monetary policy--Congresses.
- Monetary policy.
- Unemployment--Effect of inflation on--Mathematical models--Congresses.
- Unemployment.
- Physical Description:
- 1 online resource (517 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Cambridge, Mass. : MIT Press, c2009.
- Language Note:
- English
- Summary:
- 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 the nature of the curve.
- Contents:
- 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
- Notes:
- OCLC-licensed vendor bibliographic record.
- Papers presented at a meeting held in June 2008 and sponsored by the Federal Reserve Bank of Boston.
- Includes bibliographical references and indexes.
- ISBN:
- 0-262-25820-X
- 1-282-69446-4
- 9786612694462
- 0-262-25878-1
- OCLC:
- 471869966
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