xxvi, 330 pages : illustrations ; 24 cm
9780521848503 hardback 0521848504 hardback
Bibliography, etc. Note
Includes bibliographical references and index.
Formatted Contents Note
The welfare cost of inflation in the presence of inside money / Scott Freeman, Espen R. Henriksen, and Finn E. Kydland An open-economy model of endogenous price flexibility / Michael B.Devereux Efficient inflation targets for distorted dynamic economies / Costas Azariadis and Raphael W.K.Lam Inflation and welfare in models with trading frictions / Guillaume Rocheteau and Randall Wright Good versus bad deflation : lessons from the gold standard era / Michael D. Bordo, John Landon-Lane, and Angela Redish Monetary policy orientation in times of low inflation / Jürgen von Hagen and Boris Hofmann Observations on disinflation in transition economies / Paul Wachtel and Iikka Korhonen Inflation and financial market performance : what have we learned in the last ten years? / John Boyd and Bruce Champ.