Essays on Inflation

Consists of 22 articles on the subject of inflation, 20 of which originally appeared in the Fed. Res. Bank of Richmond¹s ³Econ. Review.² They summarize major issues in contemporary discussions of the inflation problem. Topics include: theories of inflation, reasons for its persistence, models of the inflationary transmission mechanism, the relationships between inflation and unemployment, the formulation of inflationary expectations, inflation and the demand for money, interest rates and inflation, internat. aspects of inflation under fixed and floating exchange rates, and the feasibility of alternative anti-inflationary policies. These topics are examined from the perspective of the history of econ. doctrines as well as from that of modern econ. analysis.Humphrey, Thomas M. is the author of 'Essays on Inflation', published 2003 under ISBN 9780756738525 and ISBN 0756738520.