The control of inflation is a key component of the government's economic policy.
Unemployment, inflation and greater inequality are often the downside of a market economy.
Managing the economy is a complex equation of controlling inflation and reducing unemployment.
The government's overriding concern is to reduce inflation.
However, if the rate of inflation is increased excessively, real returns will be driven down to the point where credit market frictions become binding.
These actions may induce movements in nominal stock returns that cancel out or taper off those induced by innovations in real activity or inflation.
After all, rational investors should adjust nominal returns to changes in inflation, in the dividend process and in the discount factor.
中文繁体
通貨膨脹…
MoreEspañol
inflación, inflación [feminine], hinchado [masculine]…
MorePortuguês
inflação…
More日本語
インフレ…
MoreTürk dili
gereksiz artış, enflasyon…
MoreFrançais
inflation [feminine], gonflement [masculine], inflation…
MoreCatalan
inflació…
Moreالعربية
تَضَخُم, زِيادة في الأَسْعار…
More