Inflation in a Monetary Union

By:

Michael Carlberg

Format:

Paperback / softback

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Description

This book studies the causes and cures of inflation in a monetary union. It carefully discusses the effects of money growth and output growth on inflation. The focus is on producer inflation, currency depreciation and consumer inflation. For instance, what determines the rate of consumer inflation in Europe, and what in America? Moreover, what determines the rate of consumer inflation in Germany, and what in France? Further topics are real depreciation, nominal and real interest rates, the growth of nominal wages, the growth of producer real wages, and the growth of consumer real wages. Here productivity growth and labour growth play significant roles. Another important issue is target inflation and required money growth. A special feature of this book is the numerical estimation of shock and policy multipliers.

Release date Australia

December 5th, 2010

Author

Michael Carlberg

Audience

Professional & Vocational

Edition

Softcover reprint of hardcover 1st ed. 2002

Illustrations

25 Tables, black and white; XV, 305 p.

Pages

305

Dimensions

155x235x17

ISBN-13

9783642077692

Product ID

8961808

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