Quick Search

Keyword
Title
Author
Seller Id
Advanced Search
 
 

Find us on:

 
Gift Certificate

 
 
Other
       Tell a Friend
Add to Shopping Cart
Inflation and the Theory of Money, Ball, R. J.
Stock Image
Author Name:    Ball, R. J.

Title:   Inflation and the Theory of Money

Binding:   PAPERBACK

Book Condition:   New

Publisher:    Aldine Transaction 

ISBN Number:   0202309231 / 9780202309231

Seller ID:   ING9780202309231

0202309231 Special order direct from the distributor

More Description

Martin Bronfenbrenner in the "Journal of Finance" had this to say when the book was first released "A thoughtful, scholarly, and systematic treatise on the economics of inflation. If this reviewer were asked to hang a course on inflation theory upon one single text, it would almost certainly be this one."

The principal concern of this book is to set out the elements that enter into problems of analyzing inflation. This detailed, readable review of contemporary theory on the problems of inflation fills an important gap in the literature on macro-economics that: 1) assesses the implications of inflationary processes for economic policy; 2) synthesizes a general framework within which to illustrate inflationary processes; 3) reconciles the approaches of "demand inflation" and "cost inflation"; and 4) analyzes the determination and behavior of the general price level in an exchange economy.

The first part of the book reviews neo-classical and "Keynesian" type models of the closed macro-economy, analyzes determination of the general price level, and introduces a restatement of conventional employment theory with emphasis on the general price level.

The second part considers the problems of price and wage determinations and the demand for money in more detail, synthesizing the analyses into a model of the macro-economy and discussing the implications of this model and the preceding analysis for economic policy. Describing alternative approaches to the theory of inflation, each of which has resulted in partial theories, the book avoids fragmentary explanations by setting the entire discussion in the context of a macro-economic general equilibrium framework.

"R. J. Ball" is professor of economics and econometrics in the London Graduate School of Business Studies. He has been Senior Lecturer at Manchester University, Chairman of the Royal Bank of Canada, Principal of London Business School, and Chairman, Legal and General Group Plc. His main research interest is the formulation and application of macroeconomics policy. He is author of many books and journal publications.



Price = 95.08 CDN
Add to Shopping Cart

cookie