Monetary Equilibrium and Nominal Income Targeting: The Case of Nominal Income Targeting (Routledge International Studies in Money and Banking) - Image 1

£109.50

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

Name: Monetary Equilibrium and Nominal Income Targeting: The Case of Nominal Income Targeting (Routledge International Studies in Money and Banking)
Brand: Routledge
Price: 130.0 GBP
Availability: InStock

12 Line drawings, black and white; 1 Tab

Specialities

Price History & Forecast

Last 42 days • 42 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 42 days • 2 price levels

Days at Price

Current Price

Price Analysis

Most common price: £110 (37 days, 88.1%)

Price range: £110 - £130

Price levels: 2 different prices over 42 days

Description

This book examines the case of nominal income targeting as a monetary policy rule. In recent years the most well-known nominal income targeting rule has been NGDP (level) Targeting, associated with a group of economists referred to as market monetarists (Scott Sumner, David Beckworth, and Lars Christensen among others). Nominal income targeting, though not new in monetary theory, was relegated in economic theory following the Keynesian revolution, up until the financial crisis of 2008, when it began to receive renewed attention. This book fills a gap in the literature available to researchers, academics, and policy makers on the benefits of nominal income targeting against alternative monetary rules. It starts with the theoretical foundations of monetary equilibrium. With this foundation laid, it then deals with nominal income targeting as a monetary policy rule. What are the differences between NGDP Targeting and Hayek’s rule? How do these rules stand up against other monetary rules like inflation targeting, the Taylor rule, or Friedman’s k-percent? Nominal income targeting is a rule which is better equipped to avoid monetary disequilibrium when there is no inflation. Therefore, a book that explores the theoretical foundation of nominal income targeting, comparing it with other monetary rules, using the 2008 crisis to assess it and laying out monetary policy reforms towards a nominal income targeting rule will be timely and of interest to both academics and policy makers.

Product Specifications

Brand: Routledge
Model: 12 Line drawings, black and white; 1 Tab
Format: Hardcover
ASIN: 1138215023
Category: Books > Subjects > Business, Finance & Law > Accounting > Specialities
Domain: Amazon UK
Release Date: 02 July 2018
Listed Since: 09 September 2017

Barcode

No barcode data available

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

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

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 after the Great Recession Book

The Global Financial Crisis and the New Monetary Consensus (Routledge International Studies in Money and Banking)

Routledge Monetary Policy Rule in Theory and Practice - Book

Inflation Targeting and Central Banks: Institutional Set-ups and Monetary Policy Effectiveness (Banking, Money and International Finance)

Monetary Policy in Low-Inflation Economies

Monetary Policy and Issues: New Research

Monetary Policy in Emerging Markets And Other Developing Countries

Inflation Targeting: Lessons From The International Experience

Monetary Macrodynamics: 127 (Routledge Frontiers of Political Economy)

Interest and Prices – Foundations of a Theory of Monetary Policy

The Development of International Monetary Policy (Routledge International Studies in Money and Banking)

Monetary Theory and Policy Experience (International Economic Association Series)

Monetary Policy and Income Distribution

Inflation Patterns and Monetary Policy: Lessons for the European Central Bank

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

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

Liquidity Preference and Monetary Economies (Routledge Critical Studies in Finance and Stability)

Liquidity Preference and Monetary Economies (Routledge Critical Studies in Finance and Stability)

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

Routledge Monetary Policy Over Fifty Years - Economics Book

Monetary Economics

Financialisation in Emerging Economies: Changes in Central Banking (Routledge Critical Studies in Finance and Stability)