• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Lecture9
 

Lecture9

on

  • 1,292 views

 

Statistics

Views

Total Views
1,292
Views on SlideShare
1,176
Embed Views
116

Actions

Likes
0
Downloads
9
Comments
0

6 Embeds 116

http://www.stephenkinsella.net 76
http://bayesianheresy.blogspot.com 36
http://stephenkinsella.net 1
http://webcache.googleusercontent.com 1
http://bayesianheresy.blogspot.cz 1
http://bayesianheresy.blogspot.co.uk 1

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Lecture9 Lecture9 Presentation Transcript

    • EC4004 Lecture 9 Inflation, Money Growth, Interest Rates Stephen Kinsella | www.stephenkinsella.net
    • Data Inflation & Interest Inflation in the Equilibrium Business- Cycle Model
    • Data
    • Cross-Country Data on Inflation and Money Growth 4
    • Inflation & Interest Rates
    • Actual and Expected Inflation Let π be the inflation rate. The inflation rate from year 1 to year 2, π1, is the ratio of the change in the price level to the initial price level. – π1 = ( P2 − P1)/ P1 – π1 = ∆P1/ P1 6
    • Inflation and Interest Rates 7