Published By: Princeton and Oxford: Princeton University Press ISBN: 978-0-691-14540-2 Date of Publication: 2013
Book Review Detail
Peter N. Ireland of Boston College
Review DOI: 10.1257/jel.52.1.211.r1 Review Pages: 211-13
Book Review Abstract
Peter N. Ireland of Boston College reviews, "Remembering Inflation" by Brigitte Granville . The Econlit abstract of this book begins: "Explores inflation from the perspectives of economic thought and history, focusing on theoretical and applied work by macroeconomists starting in the last third of the twentieth century. Discusses the end of a mirage—more money increases inflation but not employment; origins of inflation—monetary, fiscal, and financial links; ending inflation without prolonged recession—introducing credibility; the coordination of monetary and fiscal policy; who is voting for low inflation and why?; monetary and financial stability—conflict or complementarity; inflation in an open world—does that change the rules?; and adapting to expectations. Granville is Professor of International Economics and Economic Policy at Queen Mary University of London."
B22: History of Thought: Macroeconomics E31: Price Level; Inflation; Deflation E32: Business Fluctuations; Cycles E52: Monetary Policy E62: Fiscal Policy N10: Economic History: Macroeconomics and Monetary Economics; Growth and Fluctuations: General, International, or Comparative