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Author: Brigitte Granville Publisher: Princeton University Press ISBN: 1400846447 Category : Business & Economics Languages : en Pages : 296
Book Description
Why we need to heed the lessons of high inflation Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the "Great Inflation" that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that monetary economists and policymakers need to keep the lessons learned during that period very much in mind, lest we return to them by making the same mistakes we made in the past. Granville details the advances in macroeconomic thinking that gave rise to the "Great Moderation"—a period of stable inflation and economic growth, which lasted from the mid-1980s through the most recent financial crisis. She makes the case that the central banks' management of monetary policy—hinging on expectations and credibility—brought about this period of stability, and traces the roots of this success back to the eighteenth-century foundations of modern monetary thought. Tackling fundamental questions such as the causes of inflation and its relation to unemployment and growth, the natural rate of inflation hypothesis, the fiscal theory of the price level, and the proper goals of central banks, the book aims above all to demonstrate the dangers of forgetting the role of credibility in establishing sound monetary policy. With the lessons of the past firmly in mind, Granville presents stimulating ideas and proposals about inflation-targeting principles, which provide tools for present-day monetary authorities dealing with the forces of globalization, mercantilism, and reserve accumulation.
Author: Brigitte Granville Publisher: Princeton University Press ISBN: 1400846447 Category : Business & Economics Languages : en Pages : 296
Book Description
Why we need to heed the lessons of high inflation Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the "Great Inflation" that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that monetary economists and policymakers need to keep the lessons learned during that period very much in mind, lest we return to them by making the same mistakes we made in the past. Granville details the advances in macroeconomic thinking that gave rise to the "Great Moderation"—a period of stable inflation and economic growth, which lasted from the mid-1980s through the most recent financial crisis. She makes the case that the central banks' management of monetary policy—hinging on expectations and credibility—brought about this period of stability, and traces the roots of this success back to the eighteenth-century foundations of modern monetary thought. Tackling fundamental questions such as the causes of inflation and its relation to unemployment and growth, the natural rate of inflation hypothesis, the fiscal theory of the price level, and the proper goals of central banks, the book aims above all to demonstrate the dangers of forgetting the role of credibility in establishing sound monetary policy. With the lessons of the past firmly in mind, Granville presents stimulating ideas and proposals about inflation-targeting principles, which provide tools for present-day monetary authorities dealing with the forces of globalization, mercantilism, and reserve accumulation.
Author: Brigitte Granville Publisher: Princeton University Press ISBN: 0691145407 Category : Business & Economics Languages : en Pages : 290
Book Description
Why we need to heed the lessons of high inflation Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the "Great Inflation" that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that monetary economists and policymakers need to keep the lessons learned during that period very much in mind, lest we return to them by making the same mistakes we made in the past. Granville details the advances in macroeconomic thinking that gave rise to the "Great Moderation"—a period of stable inflation and economic growth, which lasted from the mid-1980s through the most recent financial crisis. She makes the case that the central banks' management of monetary policy—hinging on expectations and credibility—brought about this period of stability, and traces the roots of this success back to the eighteenth-century foundations of modern monetary thought. Tackling fundamental questions such as the causes of inflation and its relation to unemployment and growth, the natural rate of inflation hypothesis, the fiscal theory of the price level, and the proper goals of central banks, the book aims above all to demonstrate the dangers of forgetting the role of credibility in establishing sound monetary policy. With the lessons of the past firmly in mind, Granville presents stimulating ideas and proposals about inflation-targeting principles, which provide tools for present-day monetary authorities dealing with the forces of globalization, mercantilism, and reserve accumulation.
Author: Paul Donovan Publisher: Routledge ISBN: 1317690036 Category : Business & Economics Languages : en Pages : 246
Book Description
Inflation is a simple topic, in that the basic concepts are something that everyone can understand. However, inflation is not a simplistic topic. The composition of inflation and what the different inflation measures try to represent cannot be summarised with a single line on a chart or a casual reference to a solitary data point. Investors very often fail to understand the detail behind inflation, and end up making bad investment decisions as a result. The Truth About Inflation does not set out to forecast inflation, but to help improve its understanding, so that investors can make better decisions to achieve the real returns that they need. Starting with a summary of long history of inflation, the drivers of price change are considered. Many of the "urban myths" that have built up about inflation are shown to be a consequence of irrational judgement or political scaremongering. Some behaviour, like the unhealthy veneration of gold as a means of inflation protection, is shown to be the result of historical accident. In the modern era of lower nominal investment returns, inflation inequality (whereby some groups experience persistently higher inflation than others) is a very important consideration. This book sets out the realities of price changes in the modern investing environment, without using economic equations or jargon. It gives investors the framework they need to think about inflation and how to protect themselves against it, whether the aggregate inflation of the future rises or falls from current levels.
Author: Christina D. Romer Publisher: University of Chicago Press ISBN: 0226724832 Category : Business & Economics Languages : en Pages : 434
Book Description
While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation. Section I discusses the consequences of inflation. These papers analyze inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's sense of well-being. Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970s, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries. This timely volume should be read by anyone who studies or conducts monetary policy.
Author: Melanie G. Rosen Publisher: Taylor & Francis ISBN: 1003854729 Category : Psychology Languages : en Pages : 194
Book Description
The Dreaming Mind provides an insightful, interdisciplinary approach to the study of dreaming, exploring its nature and examining some of the implications of dream states for theories of consciousness, cognition, and the self. Drawing on research from philosophy, cognitive science, and psychology, the book reveals new insights into the sleeping and waking mind. It considers philosophical thinking such as extended mind theory, theories of consciousness and theories of the self, applying these to empirical dream research. The book embraces a pluralistic account of dreaming, showing how dream experiences can be highly varied in content and cognition and discusses the implications of dreaming for a variety of influential consciousness theories, including higher-order thought theory, global workspace theory and the phenomenal/access distinction. Alongside imaginative and hallucinatory dreaming, the book also discusses vicarious dreaming and its implications for philosophy of the self. Offering an integrative approach into our understanding of dreams and the mind, this book is essential reading for students and researchers of consciousness, dreams, philosophy, and cognitive sciences, as well as anyone who is curious about dreaming.
Author: C. J. Brainerd Publisher: Oxford University Press ISBN: 0190288485 Category : Psychology Languages : en Pages : 578
Book Description
Findings from research on false memory have major implications for a number of fields central to human welfare, such as medicine and law. Although many important conclusions have been reached after a decade or so of intensive research, the majority of them are not well known outside the immediate field. To make this research accessible to a much wider audience, The Science of False Memory has been written to require little or no background knowledge of the theory and techniques used in memory research. Brainerd and Reyna introduce the volume by considering the progenitors to the modern science of false memory, and noting the remarkable degree to which core themes of contemporary research were anticipated by historical figure such as Binet, Piaget, and Bartlett. They continue with an account of the varied methods that have been used to study false memory both inside and outside of the laboratory. The first part of the volume focuses on the basic science of false memory, revolving around three topics: old and new theoretical ideas that have been used to explain false memory and make predictions about it; research findings and predictions about false memory in normal adults; and research findings and predictions about age-related changes in false memory between early childhood and adulthood. Throughout Part I, Brainerd and Reyna emphasize how current opponent-processes conceptions of false memory act as a unifying influence by integrating predictions and data across disparate forms of false memory. The second part focuses on the applied science of false memory, revolving around four topics: the falsifiability of witnesses and suspects memories of crimes, including false confessions by suspects; the falsifiability of eyewitness identifications of suspects; false-memory reports in investigative interviews of child victims and witnesses, particularly in connection with sexual-abuse crimes; false memory in psychotherapy, including recovered memories of childhood abuse, multiple-personality disorders, and recovered memories of previous lives. Although Part II is concerned with applied research, Brainerd and Reyna continue to emphasize the unifying influence of opponent-processes conceptions of false memory. The third part focuses on emerging trends, revolving around three expanding areas of false-memory research: mathematical models, aging effects, and cognitive neuroscience. False Memory will be an invaluable resource for professional researchers, practitioners, and students in the many fields for which false-memory research has implications, including child-protective services, clinical psychology, law, criminal justice, elementary and secondary education, general medicine, journalism, and psychiatry.
Author: W. Scott Terry Publisher: Psychology Press ISBN: 1317350863 Category : Psychology Languages : en Pages : 930
Book Description
This text explores the core principles of learning and memory in a clear, reader-friendly style, covering animal learning and human memory in a balanced fashion. A strong emphasis on practical applications to the college student's everyday life is evident in examples throughout, such as the correlation between caffeine consumption and grade point average (Chapter 1), the importance of taking practice tests over additional studying (Chapter 9), approach/avoidance coping for upcoming and completed exams (Chapter 5), and misremembering what your professor said in class (Chapter 10). The relationship between the fields of neuropsychology and learning and memory is also stressed throughout. The fourth edition has been thoroughly updated to reflect the latest research and has been freshened throughout with more relevant examples and better graphics. There are new sections on the adaptive-evolutionary approach, potentiated startle, behavior medicine, breaking habits, behavioral economics, testing effect, consolidation theory, an expanded section on working memory, and new applications in animal training, self behavior modification, neuroethics and artificial memory enhancement, and acting and memory.
Author: Elifcan Karacan Publisher: Springer ISBN: 3658113200 Category : Social Science Languages : en Pages : 186
Book Description
In her research studies, Elifcan Karacan shows the relation between trauma, violence and memory with a specific focus on the events considering the 1980 Military Coup d‘État in Turkey. Based on collective memory theories and cultural trauma theories, the author focuses on the reconstruction of the past in present times and memory practices, such as commemorations, anniversaries, construction of memory-places (museums). This book seeks for an understanding of collective memory within individual narrations and mnemonic practices by using narrative interviews and biographical case reconstruction methods.
Author: Dmitriĭ Vladimirovich Nikulin Publisher: Oxford Philosophical Concepts ISBN: 0199793840 Category : Literary Criticism Languages : en Pages : 422
Book Description
"In recent decades, memory has become a dominant topic in philosophy, politics, history, science, literature, and the discussions of trauma and the Holocaust. This volume shows how the concept of memory has been used in different historical circumstances and how it has changed throughout the history of philosophy"--
Author: James S. Nairne Publisher: Psychology Press ISBN: 1136872205 Category : Psychology Languages : en Pages : 561
Book Description
The Foundations of Remembering presents a collection of essays written by top memory scholars in honor of Henry L. Roediger III. The chapters were originally delivered as part of the "Roddyfest" conference held in March 2005 to celebrate Purdue University's awarding of an honorary doctor of letters to Roediger in recognition of his many contributions to the field of psychology. Authors were given a simple charge: choose your own topic, but place your work in historical context. Roediger is fascinated by the intellectual lineage of ideas, so addressing historical "foundations" seemed a fitting tribute. The Chapters contained in this volume help to establish the foundations of remembering, circa the first decade of the 21st century, as perceived by some of the leading memory researchers in the world. Not surprisingly, each of the chapters touches on Roediger's research as well, largely because his work has helped to define and clarify many topics of interest to the memory field. The Foundations of Remembering is intended for a wide audience: students, scholars, and anyone interested in exploring the historical and conceptual roots of modern memory theory.
Author: Brigitte Granville
Author: Brigitte Granville
Author: Brigitte Granville
Author: Paul Donovan
Author: Christina D. Romer
Author: Melanie G. Rosen
Author: C. J. Brainerd
Author: W. Scott Terry
Author: Elifcan Karacan
Author: Dmitriĭ Vladimirovich Nikulin
Author: James S. Nairne