Name: Economics of Worldwide Stagflation (en Inglés)
Price: 296359.00 COP
Availability: InStock
Author: Michael Bruno; Jeffrey D. Sachs
ISBN: 9780674493032

portada Economics of Worldwide Stagflation (en Inglés)

Formato

Libro Físico

Editorial

Harvard University Press

Autor

Michael Bruno; Jeffrey D. Sachs

Año

2014

Idioma

Inglés

N° páginas

332

Encuadernación

Tapa Dura

ISBN13

9780674493032

N° edición

2014

Categorías

Macroeconomía

Economics of Worldwide Stagflation (en Inglés)

Michael Bruno; Jeffrey D. Sachs (Autor) · Harvard University Press · Tapa Dura

Libro Nuevo

$ 296.359

$ 592.717

Ahorras: $ 296.359

50% descuento

Envío normal

Origen: Estados Unidos (Costos de importación incluídos en el precio)

Se enviará desde nuestra bodega entre el Jueves 16 de Mayo y el Jueves 30 de Mayo.

Lo recibirás en cualquier lugar de Colombia entre 1 y 5 días hábiles luego del envío.

Reseña del libro "Economics of Worldwide Stagflation (en Inglés)"

This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, slow growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen years. The authors first construct a small macroeconomic model that takes full account of aggregate demand and supply forces in the determination of output, employment, and the price level, in both a single-economy and a multi-economy setting. They then apply the model to provide an understanding of comparative performance of industrial countries in the areas of unemployment, inflation, productivity, and investment growth. They argue convincingly that the decay of the major economies during this period resulted from the supply shocks of the 1970s, such as the two major OPEC oil-price increases, and from the consequent policy-induced decrease in demand in response to inflationary pressures. Their analysis differs markedly from similar studies in that it takes specific account of institutional differences in the labor markets of the various economies. This helps to explain in particular the divergent adjustment profiles of the United States and Europe. Bruno and Sachs make several key recommendations for the mix of demand management and incomes policies necessary to combat stagflation in individual countries as well as for the coordination of macroeconomic policies among the major industrial nations.