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Money and the Natural Rate of Unemployment

Money and the Natural Rate of Unemployment

Hardcover

EconomicsInvesting & FinanceLabor

ISBN10: 0521661390
ISBN13: 9780521661393
Publisher: Cambridge University Press
Published: Apr 13 2000
Pages: 320
Weight: 1.32
Height: 0.90 Width: 6.10 Depth: 9.10
Language: English
This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechanisms, indicating that money affects long-term production. The consequent policy implications are also discussed, including: the uses of monetary policy and monetary regimes in achieving macroeconomic goals; the impact of an independent central bank; the effects of a movement from floating exchange rates to fixed exchange rates in a monetary union. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the current state of scholarship in this area.

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