The Role of Policymakers in Business Cycle Fluctuations
Book Details
Format
Paperback / Softback
ISBN-10
0521390761
ISBN-13
9780521390767
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 21st, 2011
Print length
318 Pages
Weight
41 grams
Dimensions
21.60 x 14.00 x 1.80 cms
Product Classification:
Politics & governmentPolitical economy
Ksh 6,100.00
Manufactured on Demand
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Quality
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This book's central theme is that a policymaker's role is to enhance the public's ability to coordinate their price information, price expectations, and economic activities. Granato and Wong argue that inflation persistence is reduced when the public substitutes the prespecified inflation target for past inflation.
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