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"Whip Inflation Now" and Its Impact on Inflation and Unemployment in the United States in the 1970's
Sirový, Michal ; Tajovský, Ladislav (advisor) ; Ráček, Martin (referee)
The topic of this thesis is the Gerald Ford's program WIN as a policy aimed at inflation. WIN is certainly determined by the time it was developer in. The essential aspects are unemployment rate, which had reached 9 percents in the 1970s, and the neglect of monetary policy. Ford's announced policy was the exact opposite of that of Nixon's. The infamous saving in the times of crisis was relatively mild, thus the speculations of an attempt of Ford's PR is an explanation. The CPI level had lowered in 1976 from 9.1 to 5.8 percent, yet the inflation had decreased only in the short-term, and it is a matter of discussion if WIN played any part in that. The relation betwen unemployment and inflation will be analysed at the background of Phillips curve in the second part of the paper.

See also: similar author names
4 Sirový, Martin
1 Sirový, Miloslav
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