Inflation Expectations

Overview

Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The ...

See more details below
Paperback
$47.99
BN.com price
(Save 12%)$54.95 List Price
Other sellers (Paperback)
  • All (6) from $46.61   
  • New (5) from $46.61   
  • Used (1) from $69.16   
Sending request ...

Overview

Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments.

A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so.

These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.

Read More Show Less

Product Details

  • ISBN-13: 9780415745161
  • Publisher: Taylor & Francis
  • Publication date: 1/15/2014
  • Pages: 272
  • Product dimensions: 6.10 (w) x 9.20 (h) x 0.80 (d)

Meet the Author

Peter Sinclair is Professor of Economics at the University of Birmingham and a former director of the Centre for Central Banking Studies at the Bank of England.

Read More Show Less

Table of Contents

1. Inflation Expectations: An Introduction Peter Sinclair 2. How Robust are Quantified Data? Evidence from the United States Roy Batchelor 3. Inflation Expectations and Empirical Tests Richard Curtin 4. Heterogeneous Expecattions, Adaptive Learning and Forward-looking Monetary Policy Martin Fukacs 5. Consumer Inflation Expectations: Usefulness of Survey-based Measures – A Cross-Country Survey Ryszard Kokoszczynski, Tomasz Lyziak and Ewa Stanislawska 6. Further Evidence on the Properties of Consumers’ Inflation Expectations in the Euro Area Magnus Forsells and Geoff Kenny 7. Household Versus Expert Forecasts of Inflation: New Evidence from the European Survey Data Christina Geberding 8. The Role of Expectations in the Inflation Process in the Euro Area Maritta Paloviita and Matti Viren 9. The European Consumer and Monetary Policy Jan Marc Berk and Gerbert Hebbink 10. Testing Near-Rationality Using Survey Data Michael Bryan and Stefan Palmqvist 11. 400,000 Observations on Inflation Perceptions and Expectations in the EU: What do They Tell Us? Staffan Linden 12. Finding the Optimal Method of Quantifying Inflation Expectations on the Basis of Qualitative Survey Data Fabien Curto Millet

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)