Monetary Policy

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.

List of contents

Summary

Discusses applied aspects of monetary policy, with practical research on the timing, magnitude, and channels of central bank actions. The authors evaluate a variety of policy rules based on monetary aggregates, nominal income, and commodity prices, analyzing the behaviour of prices and inflation.

Product details

• Authors: N. Gregory Mankiw
• Assisted by: N. Gregory Mankiw (Editor)
• Publisher: University Of Chicago Press
• Languages: English
• Product format: Paperback / Softback
• Released: 15.03.1997
• EAN: 9780226503097
• ISBN: 978-0-226-50309-7
• No. of pages: 356
• Dimensions: 228 mm x 159 mm x 19 mm
• Weight: 482 g
• Series: National Bureau of Economic Research Studies in Business Cycles; NBER Studies in Business Cycle; National Bureau of Economic Research Studies in Business Cycles; (NBER) National Bureau of Economic Research Business Cycles (CHUP); (NBER) National Bureau of Economic Research Business Cycles
• Subject: Social sciences, law, business > Business > Economics