Inflation And The Theory Of Money by R. J. Ball

Inflation And The Theory Of Money

byR. J. Ball

Paperback | February 28, 2007

not yet rated|write a review

Pricing and Purchase Info

$59.59

Earn 298 plum® points

Out of stock online

Not available in stores

about

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.

About The Author

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 applicatio...
The Infographic History Of The World
The Infographic History Of The World

by Valentina D'efilippo

$15.00$24.95

In stock online

Available in stores

My Little Pony: Pony Tales Volume 2
My Little Pony: Pony Tales Volume 2

by Georgia Ball

$17.99

In stock online

Available in stores

Shop this author

Details & Specs

Title:Inflation And The Theory Of MoneyFormat:PaperbackDimensions:313 pages, 9.09 × 5.94 × 0.75 inPublished:February 28, 2007Publisher:Aldine TransactionLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0202309231

ISBN - 13:9780202309231

Look for similar items by category:

Customer Reviews of Inflation And The Theory Of Money

Reviews