The Conquest of American Inflation Book + PRICE WATCH * Amazon pricing is not included in price watch

The Conquest of American Inflation Book

In The Conquest of American Inflation, Thomas J. Sargent presents an analysis of the rise and fall of U.S. inflation after 1960. He examines two broad explanations for the behavior of inflation and unemployment in this period: the natural rate hypothesis joined to the Lucas critique and a more traditional econometric policy evaluation modified to include adaptive expectations and learning. His purpose is not only to determine which is the better account, but also to codify for the benefit of the next generation the economic forces that cause inflation. Providing an original methodological link between theoretical and policy economics, this book will engender much debate and become an indispensable text for academics, graduate students, and professional economists.Read More

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  • 0691004145
  • 9780691004143
  • Thomas J. Sargent
  • 9 March 1999
  • Princeton University Press
  • Hardcover (Book)
  • 168
  • illustrated edition
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