Japanese and U.S. Inflation: A Comparative Analysis |
Contents
Chapter | 1 |
Chapter | 7 |
Impacts of the 19731974 Oil Shock and Terms | 22 |
Copyright | |
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Common terms and phrases
80 Figure acceleration average Bank of Japan Bretton Woods system Brookings Papers business sector capacity utilization compared consumer price index contrast corporate countries decline despite divergence Economic Activity economic growth employment system expansion expenditures export federal funds rate Federal Reserve fiscal deficit funds GNP deflator growth of labor growth of real growth rate household savings Import Unit Value income inflation interest rates International Monetary Fund Keizai labor force labor productivity moderation in wage monetary policy money supply nomic output per employee output per man-hour Papers on Economic percent in 1974 percent of GNP percentage points period preceding price stabilization productivity growth rate of capacity real domestic demand real output recession recovery relation to GNP relative rise savings ratio second half second oil shock sharp sharply slowdown Stagflation stock per employee terms of trade tion trade balance trend U.S. dollars unemployment rate unit labor costs wage behavior workers