£70.58

Monetary Policy and Issues: New Research

Macroeconomics

Price data last checked 75 day(s) ago - refreshing...

View at Amazon

Price History & Forecast

Last 16 days • 16 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 16 days • 4 price levels

Days at Price

Current Price

Price Analysis

Most common price: £71 (6 days, 37.5%)

Price range: £52 - £83

Price levels: 4 different prices over 16 days

Description

In the 1970's, many countries were plagued by persistently high inflation rates, which were thought to cause a significant loss in economic efficiency. Since persistent inflation is considered to be ultimately the result of monetary policy, many countries in the 1990s sought institutional reforms to their central banks to prevent a return to the 1970s experience. A popular reform was to move from giving central banks multiple policy goals to a single mandate of price stability. The single mandate was accompanied by the introduction of an inflation target, in which central banks aim to keep inflation within a pre-defined numerical range. The logic behind these reforms was a belief among proponents that it would remove the political temptation to 'pump up' the economy in the short run at the expense of long-run price stability, and a belief that 'fine tuning' monetary policy in response to every change in economic conditions, was of little value. This book develops quantitative measurements to analyse the success of inflation targeting abroad by comparing both the performance of targeters to non-targeters and the performance of countries before and after targeting was adopted.

Product Specifications

Format: Hardcover
ASIN: 1594546673
Category: Books > Subjects > Business, Finance & Law > Economics > Macroeconomics
Domain: Amazon UK
Release Date: 06 February 2006
Listed Since: 05 February 2007

Barcode

No barcode data available

Monetary Policy and Issues: New Research

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Trends in Monetary Policy Issues

Inflation Targeting: Lessons From The International Experience

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

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

Monetary Policy: Roles, Forecasting & Effects - Economics Book

Monetary Policy in Emerging Markets And Other Developing Countries

Central Banking: Economic Considerations & Policy Goals (Economic Issues, Problems & Perspectives Series)

Monetary Policy in Low-Inflation Economies

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

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

Monetary Theory and Policy Experience (International Economic Association Series)

Federal Monetary Policy: Options & Issues (Monetary, Fiscal and Trade Policies)

Monetary Regimes and Inflation: History, Economic and Political Relationships: Second Edition

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

Money and Inflation: A New Macroeconomic Analysis

Routledge Monetary Policy after the Great Recession Book

International Political Economy - Nova Science Publishers Inc

Monetary Policy in Interdependent Economies: The Task Ahead: 55 (Financial and Monetary Policy Studies, 55)

Monetary Policy in Interdependent Economies: The Task Ahead: 55 (Financial and Monetary Policy Studies, 55)

Macroeconomic Modelling And Monetary And Exchange Rate Regimes

Inflation: Causes & Effects (Global Economic Studies Series)

Inflation Targeting and Ineffectiveness of Policies to Combat Unemployment in CEMAC Countries: Towards a reform of monetary policy in the franc zone

Inflation, Deflation & Disinflation (Economic Issues, Problems and Perspectives)

Monetary Policy in India: A Modern Macroeconomic Perspective