Téléchargez le livre : The Great Moderation Revisited

The Great Moderation Revisited

On the Political Economic Origins of Inflation and Disinflation in the Advanced Capitalist World

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Éditeur :

Palgrave Macmillan


Paru le : 2025-10-24



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Description

The sudden, dramatic rise in inflation after the COVID-19 pandemic and the Russian invasion of Ukraine interrupted three low-inflation decades and reignited the question of the causes of and responses to inflation. This book addresses that question by looking back at the emergence of the low-inflation ‘monetarist’ macroeconomic regime in the advanced capitalist economies during the 1980s. While dominant perspectives emphasise new ideas or structural power, this book puts the underlying politics at the centre of the analysis. It combines two processes in that analysis. First, the slow but steady improvement of life chances across the population since the 1950s, which shifted the relative concerns about inflation and unemployment across the population. Second, the strategic responses of political parties, and particularly social-democratic parties, to inflationary shocks in the face of a changing electorate. Case studies of leading European economies and the US underpin the argument. 
Pages
105 pages
Collection
n.c
Parution
2025-10-24
Marque
Palgrave Macmillan
EAN papier
9783032053640
EAN PDF
9783032053657
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
10
Taille du fichier
4413 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
137,14 €
EAN EPUB
9783032053657
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
10
Taille du fichier
3164 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
137,14 €

Bob Hancké is Visiting Senior Fellow at the London School of Economics and Political Science, Houghton Street, London WC2A2AE, United Kingdom and Managing Director of PEACS. 

Tim Vlandas is Associate Professor of Comparative Social Policy at the University of Oxford, Barnett House, 32 Wellington Square, Oxford, OX12ER, United Kingdom. 

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