Monetary Policy
Published on 15. March 1997
Book
Paperback/Softback
356 pages
978-0-226-50309-7 (ISBN)
Description
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.
More details
Series
Language
English
Place of publication
Chicago
United States
Publishing group
The University of Chicago Press
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 23 mm
Width: 15 mm
Thickness: 2 mm
Weight
539 gr
ISBN-13
978-0-226-50309-7 (9780226503097)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
N. Gregory Mankiw
Monetary Policy
E-Book
12/2007
1st Edition
University of Chicago Press
€42.59
Available for download
Content
Acknowledgments Introduction by N. Gregory Mankiw 1: The Use of a Monetary Aggregate to Target Nominal GDP Martin Feldstein, James H. Stock. 2: Nominal Income Targeting Robert E. Hall, N. Gregory Mankiw. 3: Nonstandard Indicators for Monetary Policy: Can Their Usefulness Be Judged from Forecasting Regressions? Michael Woodford 4: On Sticky Prices: Academic Theories Meet the Real World Alan S. Blinder 5: What Determines the Sacrifice Ratio? Laurence Ball 6: Measuring Core Inflation Michael F. Bryan, Stephen G. Cecchetti. 7: Monetary Policy and Bank Lending Anil K. Kashyap, Jeremy C. Stein. 8: Historical Perspectives on the Monetary Transmission Mechanism Jeffrey A. Miron, Christina D. Romer, David N. Weil. 9: Federal Reserve Policy: Cause and Effect Matthew D. Shapiro Contributors Author Index Subject Index