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Monetary Theory and Policy Experience

Monetary Theory and Policy Experience

Hardcover

Series: International Economic Association

EconomicsInvesting & Finance

ISBN10: 0333960890
ISBN13: 9780333960899
Publisher: Springer Nature
Published: Sep 11 2001
Pages: 363
Weight: 1.51
Height: 1.10 Width: 5.78 Depth: 8.76
Language: English
Monetary Theory and Policy Experience offers a broad context for the question of why governments prefer to limit themselves to a specific inflation target. Academic specialists and senior officials of the European Central Bank, the OECK and national central banks look beyond inflation targeting as the goal of monetary policy. Nobel Laureate Robert Mundell, surveys the history and prospects of the sovereignty of the state over money, while Michael Bordo and Lars Jonung use data of fourteen industrialized countries over the past century to show relationships between fiscal and monetary regimes.

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