Inflation in a Monetary Union



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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 ... Read more
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Features
Author Michael Carlberg
Format Hardcover
ISBN 9783540433590
Publication Date 12/11/2006
Publisher Springer
Manufacturer Springer-verlag Berlin And Heidelberg Gmbh & Co. K
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.



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Inflation in a Monetary Union is manufactured by Springer-verlag Berlin And Heidelberg Gmbh & Co. K. You can browse more Springer-verlag Berlin And Heidelberg Gmbh & Co. K products on PriceCheck.

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