Monetary Theory and Policy Experience 2001 Edition Contributor(s): Leijonhufvud, Axel (Author) |
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ISBN: 0333960890 ISBN-13: 9780333960899 Publisher: Palgrave MacMillan OUR PRICE: $104.49 Product Type: Hardcover - Other Formats Published: September 2001 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. |