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ISBN: 0262692228 / ISBN-13: 9780262692229

Inflation, Unemployment and Monetary Policy

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In this volume, Robert M. Solow and John B. Taylor present their views on the dilemmas facing U.S. monetary policymakers. The discussants are ... Show synopsis

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  • Inflation, Unemployment, and Monetary Policy (MIT Press (MA)) – Trade paperback (1999)
    by Robert M Solow, John B Taylor, James B Taylor

    Inflation, Unemployment, and Monetary Policy

    Trade paperback, MIT Press (MA)
    1999
    English
    Revised ed.
    136 pages

    ISBN: 0262692228
    ISBN-13: 9780262692229

    edited and with an introduction by Benjamin M. Friedman The connection between price inflation and real economic activity has been a focus of macroeconomic research--and debate--for much of the past century. Although this connection is crucial to our understanding of what monetary policy can and cannot accomplish, opinions about its basic properties have swung widely over the years.Today, virtually everyone studying monetary policy acknowledges that, contrary to what many modern macroeconomic models suggest, central bank ... Show more

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