Titlebook: Learning from the World’s Best Central Bankers; Principles and Polic George M. Furstenberg,Michael K. Ulan Book 1998 Springer Science+Busin

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978-0-7923-8304-8Springer Science+Business Media New York 1998

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Fortune, Merit, and Distinction: Alan Greenspanosed up to 1996, overstated the rate of inflation by at least one percentage point per annum, and that some overstatement may remain even after statistical procedures were changed in several steps from 1996 to 1998.

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A Sea Change for New Zealand: Governor Brashear. With rare exceptions, Brash has kept underlying inflation within that target. Following the 1996 general election, the new government widened the target zone for inflation to zero to 3 percent per year (., December 20, 1996, p. 20).

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Book 1998 developed nations, risk premiums have tended to decline sharply. Moreover, unemployment rates, at least in the Western Hemisphere, have decreased substantially. Finally, even many economists who con- sider themselves monetarists now tend to be less certain of the stabil- ity of the link between the

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George M. von Furstenberg,Michael K. Ulan, Edward Martyn, George Moore and Lady Gregory, as well as their later opponent, D. P. Moran, witnessed at first hand the rage over the first professional production of . (1889) and the outcry against the public performance of the unlicensed . (1891). Moore and Shaw, moreover, were directly involved