Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications: An Introduction to the New ... and Its Applications - Second Edition - Image 1

£45.89

Princeton University Press Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications: An Introduction to the New ... and Its Applications - Second Edition

Name: Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications: An Introduction to the New ... and Its Applications - Second Edition
Brand: Princeton University Press
Price: 30.3 GBP
Availability: InStock

Economic Policy & Development

Price History & Forecast

Last 52 days • 52 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 52 days • 3 price ranges

Days at Price

Current Price

Price Analysis

Most common range: £48-52 (26 days, 50.0%)

Price range: £30 - £52

Price levels: 3 price ranges over 52 days

Description

This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Gali explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects on monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes the zero lower bound on nominal interest rates and an analysis of unemployment's significance for monetary policy. * The most up-to-date introduction to the New Keynesian framework available * A single benchmark model used throughout * New materials and exercises included* An ideal resource for graduate students, researchers, and market analysts

Key Features

Princeton University Press

Product Specifications

Brand: Princeton University Press
Format: hardcover
ASIN: 0691164789
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Release Date: 08 June 2015
Listed Since: 23 October 2014

Barcode

No barcode data available

Princeton University Press Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications: An Introduction to the New ... and Its Applications - Second Edition

Price History & Forecast

Price Distribution

Price Analysis

Description

Key Features

Product Specifications

Barcode

Similar Products You Might Like

Macroeconomic Fluctuations and Policies

Money: Theory and Practice (Springer Texts in Business and Economics)

Macroeconomic Theory: A Dynamic General Equilibrium Approach (Second Edition)

Monetary Economics: Policy and its Theoretical Basis

Frontiers of Business Cycle Research

Monetary Policy in Low-Inflation Economies

Routledge Inflation in China - Macroeconomic Policy Book

Post Keynesian Macroeconomic Theory - 2nd Edition Book

Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

Business Cycle Dynamics and Stabilization Policies: A Keynesian Approach: 15 (Advances in Japanese Business and Economics, 15)

Macroeconomics: Institutions, Instability, and the Financial System by Carlin, Wendy, Soskice, David

Monetary Policy and Central Banking: New Directions in Post-Keynesian Theory

Monetary Macrodynamics: 127 (Routledge Frontiers of Political Economy)

Inflation Theory in Economics: Welfare, Velocity, Growth and Business Cycles (Routledge International Studies in Money and Banking)

Zum Konzept der Liquiditätsfalle: Kritische Analyse anhand alternativer Spezifikationen der Phillips-Kurve

The Creators of Inside Money: A New Monetary Theory

Interest and Prices – Foundations of a Theory of Monetary Policy

The International Monetary System and the Theory of Monetary Systems (New Thinking in Political Economy series)

Foundations for a Disequilibrium Theory of the Business Cycle: Qualitative Analysis and Quantitative Assessment

Monetary Policy in India: A Modern Macroeconomic Perspective

Macroeconomics: Imperfections, Institutions, and Policies

Monetary Economics

Macroeconomic Analysis (The MIT Press)

Business Fluctuations and Long-Phased Cycles in High Order Macrosystems