
- 1,517 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Handbook of Monetary Economics vols 3A+3B Set
About this book
How have monetary policies matured during the last decade?The recent downturn in economies worldwide have put monetary policies in a new spotlight. In addition to their investigations of new tools, models, and assumptions, they look carefully at 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. They also reexamine standard presumptions about the rationality of asset markets and other fundamentals. 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.- Presents extensive coverage of monetary policy theories with an eye toward questions raised by the recent financial crisis- Explores the policies and practices used in formulating and transmitting monetary policies- 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
- Contents
- Introduction to the Series
- Copyright
- Contributors
- Preface
- Introduction to the Series
- Copyright
- Preface
- Contributors
- Chapter 1 The Mechanism-Design Approach to Monetary Theory
- Chapter 2 New Monetarist Economics
- Chapter 3 Money and Inflation
- Chapter 4 Rational Inattention and Monetary Economics
- Chapter 5 Imperfect Information and Aggregate Supply☆
- Chapter 6 Microeconomic Evidence on Price-Setting☆
- Chapter 7 DSGE Models for Monetary Policy Analysis
- Chapter 8 How Has the Monetary Transmission Mechanism Evolved Over Time?
- Chapter 9 Inflation Persistence
- Chapter 10 Monetary Policy and Unemployment
- Chapter 11 Financial Intermediation and Credit Policy in Business Cycle Analysis
- Chapter 12 Financial Intermediaries and Monetary Economics
- Chapter 13 The Optimal Rate of Inflation
- Chapter 14 Optimal Monetary Stabilization Policy☆
- Chapter 15 Simple and Robust Rules for Monetary Policy☆
- Chapter 16 Optimal Monetary Policy in Open Economies☆
- Chapter 17 The Interaction Between Monetary and Fiscal Policy☆
- Chapter 18 The Politics of Monetary Policy☆
- Chapter 19 Inflation Expectations, Adaptive Learning and Optimal Monetary Policy
- Chapter 20 Wanting Robustness in Macroeconomics☆
- Chapter 21 Monetary Policy Regimes and Economic Performance
- Chapter 22 Inflation Targeting☆
- Chapter 23 The Performance of Alternative Monetary Regimes☆
- Chapter 24 Implementation of Monetary Policy
- Chapter 25 Monetary Policy in Emerging Markets
- Subject Index
- Index-volume 3B
- Index-volume 3B
- Index-volume 3A