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Monetary Transmission in Diverse Economies

Monetary Transmission in Diverse Economies

Hardcover

EconomicsInvesting & Finance

ISBN10: 0521813468
ISBN13: 9780521813464
Publisher: Cambridge University Press
Published: Oct 17 2002
Pages: 276
Weight: 1.25
Height: 0.90 Width: 6.10 Depth: 9.10
Language: English
Monetary policy mistakes can cause serious economic damage. Central banks and their worldwide observers must strive to understand the transmission mechanism of monetary policy so that they know what monetary policy can do and what it should do to stabilize inflation and output--however imprecise that understanding may be. This volume sets out different aspects of the transmission mechanism, covering practical difficulties, as well as focusing on key areas such as the exchange rate and the monetary sector. The experiences of many countries are explained.

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Economics