Monetary Policy (National Bureau of Economic Research Studies in Income and Wealth)
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Book Overview
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.
This new research will be of special interest to central bankers and academic economists.
Format:Paperback
Language:English
ISBN:0226503097
ISBN13:9780226503097
Release Date:May 2018
Publisher:University of Chicago Press
Length:356 Pages
Weight:1.10 lbs.
Dimensions:0.9" x 6.1" x 9.0"
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