The Conquest of American Inflation. |
 | Author: Thomas J. Sargent
Publisher: Princeton University Press
Category: Book
List Price: $80.00
Buy New: $21.95
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Seller: yankeecozy
Rating:  1 reviews
Sales Rank: 1,940,257
Media: Hardcover
Pages: 168
Number Of Items: 1
Shipping Weight (lbs): 1
Dimensions (in): 9.5 x 6.4 x 0.8
ISBN: 0691004145
Dewey Decimal Number: 332.410973
EAN: 9780691004143
ASIN: 0691004145
Publication Date: January 11, 1999
Availability: Usually ships in 1-2 business days
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Product Description
In The Conquest of American Inflation, Thomas J. Sargent presents an analysis of the rise and fall of U.S. inflation after 1960. He examines two broad explanations for the behavior of inflation and unemployment in this period: the natural rate hypothesis joined to the Lucas critique and a more traditional econometric policy evaluation modified to include adaptive expectations and learning. His purpose is not only to determine which is the better account, but also to codify for the benefit of the next generation the economic forces that cause inflation. Providing an original methodological link between theoretical and policy economics, this book will engender much debate and become an indispensable text for academics, graduate students, and professional economists.
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Customer Reviews:
Inflation May 20, 2000
Bjorn Isaksen
0 out of 12 found this review helpful
The inflation situation is described and cured in this magnificent book. It shows mortals like myself, what causes inflation and how the whole economic society is linked together.
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