Monetary Policy
University of Chicago Press, 1994
Paper: 978-0-226-50309-7 | Cloth: 978-0-226-50308-0 | eISBN: 978-0-226-50310-3
Library of Congress Classification HG540.M653 1994
Dewey Decimal Classification 332.4973
Paper: 978-0-226-50309-7 | Cloth: 978-0-226-50308-0 | eISBN: 978-0-226-50310-3
Library of Congress Classification HG540.M653 1994
Dewey Decimal Classification 332.4973
ABOUT THIS BOOK | TOC | REQUEST ACCESSIBLE FILE
ABOUT THIS BOOK
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.
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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