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Monetary Policy: Volume 29
Paperback
Series: National Bureau of Economic Research Studies in Business Cyc, Book 29
EconomicsInvesting & FinanceGeneral Political Science
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ISBN10: 0226503097
ISBN13: 9780226503097
Publisher: University of Chicago Press
Published: Mar 15 1997
Pages: 356
Weight: 1.07
Height: 0.86 Width: 6.10 Depth: 9.02
Language: English
ISBN13: 9780226503097
Publisher: University of Chicago Press
Published: Mar 15 1997
Pages: 356
Weight: 1.07
Height: 0.86 Width: 6.10 Depth: 9.02
Language: English
In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions. Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism--the channel through which the central bank's actions affect spending on goods and services--with a special focus on the reduction in bank lending that must accompany a reduction in reserves.
This new research will be of special interest to central bankers and academic economists.
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