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Monetary Theory and Policy Experience 2001 Edition
Contributor(s): Leijonhufvud, Axel (Author)
ISBN: 0333960890     ISBN-13: 9780333960899
Publisher: Palgrave MacMillan
OUR PRICE:   $104.49  
Product Type: Hardcover - Other Formats
Published: September 2001
Qty:
Annotation: Why do governments prefer to limit themselves to a specific inflation target? Specialists and senior officials of the European Central bank, the OECD and national central banks look beyond inflation targeting as the goal of monetary policy. Among the contributing, 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 14 industrialized countries to show relationships between fiscal and monetary regimes.

Additional Information
BISAC Categories:
- Business & Economics | Money & Monetary Policy
- Business & Economics | Economics - Macroeconomics
Dewey: 332.46
LCCN: 2001021734
Lexile Measure: 1540
Series: International Economic Association
Physical Information: 1.1" H x 5.78" W x 8.76" (1.51 lbs) 363 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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.