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Monetary Policy

Name: Monetary Policy
Brand: The University of Chicago Press
SKU: 04547181
Price: 14668 HUF
Availability: InStock
Author: Gregory N. Mankiw
ISBN: 9780226503097

Gregory N. Mankiw

Language

English

Book Paperback

Libristo code: 04547181

Publishers The University of Chicago Press, March 1997

In this text leading monetary economists discuss applied aspects of monetary policy and offer practi... Full description

Libristo code: 04547181

101 b

14 668 Ft

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In this text leading monetary economists discuss applied aspects of monetary policy and offer practical research on the timing, magnitude, and channels of central banking actions. The contributors evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. They also analyze price behaviour and inflation, particularly the short-run behaviour of prices. Other papers 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. The book is intended for monetary specialists, graduate students and economists.