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Performance-related Funding of Universities: Does More Competition Lead to Grade Inflation?
grade inflation higher education funding university competition
2012/10/22
German universities are regarded as being under-financed, inefficient, and performing below average if compared to universities in other European countries and the US. Starting in the 1990s, several G...
Hyperbolic Discounting and Positive Optimal Inflation
optimal monetary policy inflati on targeting unemployment Phillips curve nominal inertia monetary policy
2012/10/30
The Friedman rule states that steady-state welfare is maximized when there is deflation at the real rate of interest. Recent work by Khan et al (2003) uses a richer model but still finds deflation opt...
Individuals sometimes comment that their personal inflation rates are different from the official rates published by the Office for National Statistics. This article explores why this might be. It sta...
This article describes the introduction by the Office for National Statistics of a personal inflation calculator on the National Statistics website. A separate article (O’Donoghue, 2007) established t...
Consumer price indexes measure the change in prices charged for goods and services bought for consumption by households in the UK. The Office for National Statistics publishes two main measures of con...
Measuring UK inflation
Measuring UK inflation
2009/11/3
The Office for National Statistics collects a large number of prices every month to produce the retail prices index (RPI). Some perceive that consumer inflation is higher than the official measure. Th...
Industrial relations in 1980 influenced by inflation and recession
Industrial relations recession inflation
2009/6/24
Industrial relations in 1980 influenced by inflation and recession。
Price changes in 1980：double-digit inflation persists
inflation double-digit Price changes
2009/6/15
Price changes in 1980：double-digit inflation persists。
Inflation cross-currents：energy, food, and homeownership
Inflation cross-currents homeownership
2009/6/15
Inflation cross-currents：energy, food, and homeownership。
Defining the rate of underlying inflation。
Consumer and producer price increases slowed to their lowest rate since 1977; major reasons for the moderation include favorable developments affecting food and energy as well as the impact of the rec...
The rate of price increases decelerated in both the retail and primary markets, with the Consumer Price Index posting its lowest quarterly rise since 1965.
Consumer prices rose by less than 4 percent, about the same as in the recession year of 1982; producer prices of finished goods inched up by less than 1 percent, registering the lowest increase in nea...
Inflation and the business cycle during the postwar period
business cycle Inflation postwar period
2009/5/31
At this stage of the economic expansion, the moderate rise in consumer prices is consistent with the record for similar cyclical periods since the end of World War II.
Consumer prices rose only 4.0 percent in 1984, marking the third straight year of moderation; producer prices rose only 1.8 percent.