Product Description

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 infl ation. If this reviewer were asked to hang a course on infl ation 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 infl ation. This detailed, readable review of contemporary theory on the problems of infl ation fi lls an important gap in the literature on macro-economics that: 1) assesses the implications of infl ationary processes for economic policy; 2) synthesizes a general framework within which to illustrate inflationary processes; 3) reconciles the approaches of "demand infl ation" and "cost infl ation"; and 4) analyzes the determination and behavior of the general price level in an exchange economy.

Product Details

• Amazon Sales Rank: #845297 in Books
• Published on: 2007-02-28
• Original language: English
• Binding: Paperback
• 313 pages

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 application of macroeconomics policy. He is author of many books and journal publications.