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Chapter 5. Inflation: Who Wins, and Who Loses?
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John E. Marthinsen
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Chapters in this book
- Frontmatter I
- Acknowledgments VII
- About the Author IX
- Preface XI
- Contents XXIII
- Chapter 1. Introduction to Global Macroeconomics 1
- Chapter 2. Taking an Economic Pulse 13
- Chapter 3. Labor Market Conditions 43
- Chapter 4. Inflation and Real GDP 77
- Chapter 5. Inflation: Who Wins, and Who Loses? 91
- Chapter 6. Monetary Aggregates 115
- Chapter 7. Financial Intermediation 135
- Chapter 8. Money Creation 161
- Chapter 9. Central Banks 193
- Chapter 10. Real Credit Markets 243
- Chapter 11. The Economics of Cryptocurrencies 281
- Chapter 12. Real Goods and Services Markets 313
- Chapter 13. Fiscal Policy 363
- Chapter 14. Business Cycles 409
- Chapter 15. Foreign Exchange Basics 425
- Chapter 16. Foreign Exchange Markets 451
- Chapter 17. Balance of Payments 499
- Chapter 18. Putting It All Together 543
- Chapter 19. Shocks to Nations with Flexible Exchange Rates 563
- Chapter 20. Shocks to Nations with Fixed Exchange Rates 615
- Chapter 21. Causes, Cures, and Consequences of the Great Recession 659
- Chapter 22. Long-Term Growth and Development 715
- Chapter 23. Long-Term Inflation, Exchange Rates, and Unemployment 743
- Appendix A. List of Abbreviations 781
- Appendix B. Important Terms and Concepts 785
- Index 791
Chapters in this book
- Frontmatter I
- Acknowledgments VII
- About the Author IX
- Preface XI
- Contents XXIII
- Chapter 1. Introduction to Global Macroeconomics 1
- Chapter 2. Taking an Economic Pulse 13
- Chapter 3. Labor Market Conditions 43
- Chapter 4. Inflation and Real GDP 77
- Chapter 5. Inflation: Who Wins, and Who Loses? 91
- Chapter 6. Monetary Aggregates 115
- Chapter 7. Financial Intermediation 135
- Chapter 8. Money Creation 161
- Chapter 9. Central Banks 193
- Chapter 10. Real Credit Markets 243
- Chapter 11. The Economics of Cryptocurrencies 281
- Chapter 12. Real Goods and Services Markets 313
- Chapter 13. Fiscal Policy 363
- Chapter 14. Business Cycles 409
- Chapter 15. Foreign Exchange Basics 425
- Chapter 16. Foreign Exchange Markets 451
- Chapter 17. Balance of Payments 499
- Chapter 18. Putting It All Together 543
- Chapter 19. Shocks to Nations with Flexible Exchange Rates 563
- Chapter 20. Shocks to Nations with Fixed Exchange Rates 615
- Chapter 21. Causes, Cures, and Consequences of the Great Recession 659
- Chapter 22. Long-Term Growth and Development 715
- Chapter 23. Long-Term Inflation, Exchange Rates, and Unemployment 743
- Appendix A. List of Abbreviations 781
- Appendix B. Important Terms and Concepts 785
- Index 791