NBER Books - Reducing Inflation: Motivation and Strategy

Reducing Inflation: Motivation and Strategy
Christina D. Romer and David H. Romer, editors

The University of Chicago Press, 1997
Cloth: $58.00
422 pages
ISBN: 0-226-72484-0

Table of Contents:

    Introduction
    Christina D. Romer and David H. Romer

    1. Why Do People Dislike Inflation?
    Robert J. Shiller
      Comment: N. Gregory Mankiw

    2. Does Inflation "Grease the Wheels of the Labor Market"?
    David Card, Dean Hyslop

      Comment: John Shea

    3. The Costs and Benefits of Going from Low Inflation to Price Stability
    Martin Feldstein

      Comment: Andrew B. Abel

    4. Disinflation and the NAIRU
    Laurence Ball

      Comment: Olivier J. Blanchard

    5. How Precise Are Estimates of the Natural Rate of Unemployment?
    Douglas Staiger, James H. Stock, Mark W. Watson

      Comment: Alan B. Krueger

    6. America's Peacetime Inflation: The 1970s
    J. Bradford De Long

      Comment: John B. Taylor

    7. Do "Shortages" Cause Inflation?
    Owen Lamont

      Comment: Matthew D. Shapiro

    8. Institutions for Monetary Stability
    Christina D. Romer, David H. Romer

      Comment: Benjamin M. Friedman

    9. Why Does Inflation Differ across Countries?
    Marta Campillo, Jeffrey A. Miron

      Comment: Maurice Obstfeld

    10: How the Bundesbank Conducts Monetary Policy
    Richard Clarida, Mark Gertler

      Comment: Rudiger Dornbusch