
- 752 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
What tools are available for setting and analyzing monetary policy? World-renowned contributors examine recent evidence on subjects as varied as price-setting, inflation persistence, the private sector's formation of inflation expectations, and the monetary policy transmission mechanism. Stopping short of advocating conclusions about the ideal conduct of policy, the authors focus instead on analytical methods and the changing interactions among the ingredients and properties that inform monetary models. The influences between economic performance and monetary policy regimes can be both grand and muted, and this volume clarifies the present state of this continually evolving relationship.- Explores the models and practices used in formulating and transmitting monetary policies- Raises new questions about the volume, price, and availability of credit in the 2007-2010 downturn- Questions fiscal-monetary connnections and encourages new thinking about the business cycle itself- Observes changes in the formulation of monetary policies over the last 25 years
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Information
Table of contents
- Cover image
- Title page
- Table of Contents
- INTRODUCTION TO THE SERIES
- Copyright
- CONTRIBUTORS
- PREFACE
- Part One: Foundations: The Role of Money in the Economy
- Part Two: Foundations: Information and Adjustment
- Part Three: Models of the Monetary Transmission Mechanism
- INDEX-VOLUME 3A
- INDEX-VOLUME 3B