Athanasios Orphanides - Böcker
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8 produkter
8 produkter
1 152 kr
Skickas inom 7-10 vardagar
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources. This volume focuses on understanding the causes of the Great Inflation of the 1970s and '80s, which saw rising inflation in many nations and propelled interest rates across the developing world into the double digits. Ever since, the immediate cause of the period's rise in inflation has been extensively debated. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Contributors map monetary policy from the 1960s to the present, shedding light on how the lessons of the Great Inflation were absorbed and applied to today's global and increasingly complex economic environment.
265 kr
Skickas inom 3-6 vardagar
Finance and Economics Discussion Series
Inflation Targeting Under Imperfect Knowledge
Häftad, Engelska, 2013
276 kr
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Finance and Economics Discussion Series
Monetary Policy in Deflation: The Liquidity Trap in History and Practice
Häftad, Engelska, 2013
255 kr
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Finance and Economics Discussion Series
Imperfect Knowledge, Inflation Expectations, and Monetary Policy
Häftad, Engelska, 2013
265 kr
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Finance and Economics Discussion Series
The Opportunistic Approach to Disinflation
Häftad, Engelska, 2013
265 kr
Skickas inom 3-6 vardagar
Finance and Economics Discussion Series
Compensation Incentives and Risk Taking Behavior: Evidence from Mutual Funds
Häftad, Engelska, 2013
214 kr
Skickas inom 3-6 vardagar
1 850 kr
Skickas inom 5-8 vardagar
On June 28th 2012, the small island of Cyprus became the fifth government to request an economic bail-out from the Eurozone after losing access to international capital markets. Less than a year later, a €10 billion second rescue deal was agreed upon — an unprecedented agreement that bailed in creditors of Cyprus' two largest banks, and triggered an economic crisis that the nation still struggles to recover from today.This resourceful collection of essays provides a thorough and in depth analysis of how Cyprus reached the point of failure and what lessons this experience holds for future economic crises. The various perspectives collectively address unanswered questions, including whether the bail-in can be considered successful, why the recession was less severe than expected, and what conclusions can be drawn about stress-testing exercises across borders.Focusing on one of the (proportionately) largest crises in financial history, the case study will prove essential to policy-makers and politicians, especially in the euro area.