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Inequality, Output-Inflati
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Approximately£72.76
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Located in: Fairfield, Ohio, United States
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eBay item number:386673241406
Item specifics
- Condition
- ISBN-13
- 9783030198053
- Type
- NA
- Publication Name
- NA
- ISBN
- 9783030198053
- Book Title
- Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty : Evidence from South Africa
- Publisher
- Springer International Publishing A&G
- Item Length
- 8.3 in
- Publication Year
- 2020
- Format
- Trade Paperback
- Language
- English
- Illustrator
- Yes
- Genre
- Business & Economics
- Topic
- Economics / Macroeconomics, International / General, Economics / Comparative
- Item Weight
- 25 oz
- Item Width
- 5.8 in
- Number of Pages
- Xxxvii, 507 Pages
About this product
Product Information
This book focuses on income inequality, output-inflation trade-off and economic policy uncertainty in South Africa. Tight monetary and macroprudential policies raise income inequality. Income inequality transmits monetary policy and macroprudential policy shocks to real economic activity. Economic policy uncertainty influences the dynamics in the lending rate margins, inflation expectations, credit, pass-through of the repo rate to bank lending rates and companies' cash holdings. The trade-off between output and inflation and output growth persistence vary with inflation regimes. Stimulatory demand policy shocks are less effective in high inflation regime. High income inequality raises consumption inequality, which raises demand for credit, but price stability matters in this link. Increased bank concentration raises income inequality, lowers economic growth and employment rate. Elevated economic policy uncertainty lowers output growth, lowers capital formation, reduces credit and raises companies' cash holdings. Increased companies' cash holdings reduce capital formation and impact the transmission of expansionary monetary policy shocks to real economic activity. This book shows there is an inflation level within the target band below it which lowers income inequality, while raising GDP growth and employment. Thus price stability, economic policy uncertainty and income inequality matter for the efficient transmission of policy shocks.
Product Identifiers
Publisher
Springer International Publishing A&G
ISBN-10
3030198057
ISBN-13
9783030198053
eBay Product ID (ePID)
15050394222
Product Key Features
Book Title
Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty : Evidence from South Africa
Number of Pages
Xxxvii, 507 Pages
Language
English
Publication Year
2020
Topic
Economics / Macroeconomics, International / General, Economics / Comparative
Illustrator
Yes
Genre
Business & Economics
Format
Trade Paperback
Dimensions
Item Weight
25 oz
Item Length
8.3 in
Item Width
5.8 in
Additional Product Features
Dewey Edition
23
Number of Volumes
1 Vol.
Dewey Decimal
338.968
Lc Classification Number
Hc800-1085
Copyright Date
2019
Item description from the seller
Business seller information
Premier Books LLC
David Taylor
26C Trolley Sq
19806-3356 Wilmington, DE
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