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Read complete books and articles on: Axel Leijonhufvud
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10 of the Best Books and Articles on: Axel Leijonhufvud
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Monetary Theory and Policy Experience
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by Axel Leijonhufvud.
364 pgs.
Why do governments prefer to limit themselves to a specific inflation target? Specialists and senior officials of the European Central bank, the OECD and national central banks look beyond inflation targeting as the goal of monetary policy. Among the contributing, Nobel Laureate Robert Mundell...
Why do governments prefer to limit themselves to a specific inflation target? Specialists and senior officials of the European Central bank, the OECD and national central banks look beyond inflation targeting as the goal of monetary policy. Among the contributing, Nobel Laureate Robert Mundell surveys the history and prospects of the sovereignty of the state over money, while Michael Bordo and Lars Jonung use data of 14 industrialized countries to show relationships between fiscal and monetary regimes.
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High Inflation: The Arne Ryde Memorial Lectures
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by Daniel Heymann, Axel Leijonhufvud.
238 pgs.
This book looks at very high inflations, exemplified by those suffered by Argentina, Bolivia, Brazil, Israel, Mexico, and Peru in the eighties and by the Soviet Union today. The authors argue that a better grasp of high inflation processes is necessary in order for countries intricated in it to...
This book looks at very high inflations, exemplified by those suffered by Argentina, Bolivia, Brazil, Israel, Mexico, and Peru in the eighties and by the Soviet Union today. The authors argue that a better grasp of high inflation processes is necessary in order for countries intricated in it to design stabilization strategies. The extremes of monetary instability can also give a clearer picture of the purpose that money and financial institutions serve under more normal circumstances, thus deepening our understanding of the benefits of monetary stability. This study will be of interest to scholars of macroeconomics, economic theorists and applied economists.
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