Inflation Targeting: Lessons From The International Experience - Image 1

£36.35

Princeton University Press Inflation Targeting: Lessons From The International Experience

Name: Inflation Targeting: Lessons From The International Experience
Brand: Princeton University Press
Price: 36.35 GBP
Availability: InStock

A-107-420

Business & Economic History

About as cheap as it gets. The only time it was cheaper was 1 year ago.

£36 today · all-time low £35 (Dec 2024) · usually the usual

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 438 days • 438 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 438 days • 4 price levels

Days at Price

Current Price

Price Analysis

Most common price: £35 (250 days, 57.1%)

Price range: £35 - £42

Price levels: 4 different prices over 438 days

Description

How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is the first in-depth study of inflation targeting. Combining penetrating theoretical analysis with detailed empirical studies of countries where inflation targeting has been adopted, the authors show that the strategy has clear advantages over traditional policies. They argue that the U.S. Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so. The book begins by explaining the unique features and advantages of inflation targeting. The authors argue that the simplicity and openness of inflation targeting make it far easier for the public to understand the intent and effects of monetary policy. This strategy also increases policymakers' accountability for inflation performance and can accommodate flexible, even "discretionary," monetary policy actions without sacrificing central banks' credibility. The authors examine how well variants of this approach have worked in nine countries: Germany and Switzerland (which employ a money-focused form of inflation targeting), New Zealand, Canada, the United Kingdom, Sweden, Israel, Spain, and Australia. They show that these countries have typically seen lower inflation, lower inflation expectations, and lower nominal interest rates, and have found that one-time shocks to the price level have less of a "pass-through" effect on inflation. These effects, in turn, are improving the climate for economic growth. The authors warn, however, that the success of inflation targeting depends on operational details, such as how the targets are defined and when they are announced. They also show that inflation targeting is not a panacea that can make inflation perfectly predictable or reduce it without economic costs. Clear, balanced, and authoritative, Inflation Targeting is a groundbreaking study that will have a major impact on the debate over the right monetary strategy for the coming decades. As a unique comparative study of what central banks actually do in different countries around the world, this book will also be invaluable to anyone interested in how economic policy is made.

Product Specifications

Brand: Princeton University Press
Model: A-107-420
Format: paperback
ASIN: 0691086893
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 23 January 2001
Listed Since: 13 February 2007

Barcode

No barcode data available

Princeton University Press Inflation Targeting: Lessons From The International Experience

About as cheap as it gets. The only time it was cheaper was 1 year ago.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Monetary Policy and Issues: New Research

Inflation Expectations: 56 (Routledge International Studies in Money and Banking)

Efficiency of Inflation Targeting in Transition Countries: The Czech Republic´s Experience with IT Regime

Inflation Targeting and Policy Rules: The Case of Mexico, 2001-2012

Inflation Targeting and Policy Rules: The Case of Mexico, 2001-2012

Routledge Monetary Policy Over Fifty Years - Economics Book

Monetary Equilibrium and Nominal Income Targeting: The Case of Nominal Income Targeting (Routledge International Studies in Money and Banking)

Interest and Prices – Foundations of a Theory of Monetary Policy

Money in the Middle East and North Africa: Monetary Policy Frameworks and Strategies (Routledge Political Economy of the Middle East and North Africa)

Monetary Policy in Low-Inflation Economies

Trends in Monetary Policy Issues

Inflation Dynamics in South Africa: The Role of Thresholds, Exchange Rate Pass-through and Inflation Expectations on Policy Trade-offs

Inflation in a Monetary Union

Inflation in a Monetary Union

Principles of Economics Brief Edition + Economy 2009 Update

Inflation and Monetary Policy Rules: Evidence from Indonesia

Principles of Macroeconomics, Brief Edition + Economy 2009 Updates

Re-examining Monetary and Fiscal Policy for the 21st Century

The Evolution of Central Banking and Monetary Policy in the Asia-Pacific

Monetary-regime switch from exchange-rate to inflation targeting: - with reference to developing economies -

Research Handbook on Inflation

Money and Inflation: A New Macroeconomic Analysis

POLITIQUE MONETAIRE DE CIBLAGE D'INFLATION: UNE ANALYSE COMPARATIVE PARMI LES MARCHES EMERGENTS DE L'AMERIQUE LATINE (Omn.Univ.Europ.)

Inflation and Wage Behaviour in Europe