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Monetary Policy

eBook - National Bureau of Economic Research Studies in Business Cycles
ISBN/EAN: 9780226503103
Umbreit-Nr.: 2645338

Sprache: Englisch
Umfang: 356 S.
Format in cm:
Einband: Keine Angabe

Erschienen am 01.12.2007
Auflage: 1/2007


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Format: PDF
DRM: Adobe DRM
€ 36,95
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  • Kurztext
    • In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions.Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism-the channel through which the central bank's actions affect spending on goods and services-with a special focus on the reduction in bank lending that must accompany a reduction in reserves.This new research will be of special interest to central bankers and academic economists.