a column by K. Kıvanç Karaman, Sevket Pamuk and Seçil Yıldırım-Karaman for VOX: CEPR’s Policy Portal
There is a notable lack of long-run analyses of monetary systems and their stability. This column addresses this gap by looking at the monetary systems of major European states between 1300 and 1914. The evidence collected suggests that, despite many switches between standards and systems, fiscal capacity and political regimes ultimately shaped patterns of monetary stability. Theories of monetary stability that rely on the mechanics of monetary systems perform poorly when such a long-run perspective is taken.
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Hazel’s comment
Even if you have little or no interest in money or monetary stability you will find some fascinating graphical illustrations of devaluation and inflation in this column. I spent far more time than I should have done actually reading.
If I did that for all my posts I would never get anything posted.
Showing posts with label Consumer_Price_Index. Show all posts
Showing posts with label Consumer_Price_Index. Show all posts
Saturday, 3 March 2018
Wednesday, 6 July 2011
Harmonized indices of consumer prices
May 2011 – Issue number 8/2011
via Eurostat Statistics in Focus
This Data in Focus is the monthly publication of Harmonized Indices of Consumer Prices (HICP) for May 2011. The DIF contains indices and rates of change for individual MSs, the EU, the EEA and the euro area. It also includes a graph showing the annual inflation in all Member States in ascending order as well as a table with the indices for the most frequently consulted special aggregates (like “energy”, “all-items excluding tobacco”, etc…)
Read the full report (PDF 7pp)
via Eurostat Statistics in Focus
This Data in Focus is the monthly publication of Harmonized Indices of Consumer Prices (HICP) for May 2011. The DIF contains indices and rates of change for individual MSs, the EU, the EEA and the euro area. It also includes a graph showing the annual inflation in all Member States in ascending order as well as a table with the indices for the most frequently consulted special aggregates (like “energy”, “all-items excluding tobacco”, etc…)
Read the full report (PDF 7pp)
Monday, 16 August 2010
Minimum Income Standard outpaces Minimum Wage
via TAEN Site news. on 7/9/10
Updated research published by the Joseph Rowntree Foundation (JRF) has shown that it is getting harder for people on low incomes to meet a minimum standard of living.
The Minimum Income Standard (MIS) shows how much various households need in 2010 to reach a minimum acceptable standard of living, according to sample groups comprising members of the public.
The research (PDF 27pp) found that a yearly salary of £14,400 is the minimum a single person needs to achieve an acceptable standard of living; a couple with two children require a MIS of £26,900, far exceeding the adult national minimum wage of £5.80 per hour (equivalent to £10,556 for a single person).
TAEN post in full
Updated research published by the Joseph Rowntree Foundation (JRF) has shown that it is getting harder for people on low incomes to meet a minimum standard of living.
The Minimum Income Standard (MIS) shows how much various households need in 2010 to reach a minimum acceptable standard of living, according to sample groups comprising members of the public.
The research (PDF 27pp) found that a yearly salary of £14,400 is the minimum a single person needs to achieve an acceptable standard of living; a couple with two children require a MIS of £26,900, far exceeding the adult national minimum wage of £5.80 per hour (equivalent to £10,556 for a single person).
TAEN post in full
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