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in which independent central banks were assumed able to bring about a "Great Moderation" of low inflation and high …
Persistent link: https://www.econbiz.de/10011851922
, USA: Edward Elgar Publishing Ltd, 2005, 46-74 -- Part IV. Inflation targeting vs. Developmental central banking -- 14 …
Persistent link: https://www.econbiz.de/10012251845
Persistent link: https://www.econbiz.de/10011851003
Has the economic and financial crisis changed the way we conduct monetary policy? Is quantitative easing consistent with the endogeneity of money? These are but two of the questions this new book explores. The various contributors offer interesting and new perspectives on the conduct of monetary...
Persistent link: https://www.econbiz.de/10011851873
Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...
Persistent link: https://www.econbiz.de/10011850688
This timely book reviews the modern literature on inflation and monetary policy, and highlights contemporary issues in … banking in the Asia-Pacific : an overview -- 4. Monetary policy : overview of concepts, debates and issues -- 5. Inflation and …. Inflation and monetary policy in selected countries of the Asia-Pacific -- 10. Summary and conclusion …
Persistent link: https://www.econbiz.de/10011851021
. / Jose Antonio Cordero -- 4. Income, class and preferences towards anti-inflation and anti-unemployment policies / Arjun … inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single …1. Beyond inflation targeting : assessing the impacts and policy alternatives / Gerald Epstein and A. Erinc Yeldan -- 2 …
Persistent link: https://www.econbiz.de/10011851035
The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth century. What lies behind the spread of this economic institution? What underlying process has brought central banks to hold such a key role in economic life today? This book...
Persistent link: https://www.econbiz.de/10011851386
; credibility and transparency; the inflation forecast and the loss function; monetary policy experiences in the US and the UK; the …1. No money, no inflation : the role of money in the economy -- 2. Central bank independence -- 3. The use and meaning … of words in central banking : inflation, targeting, credibility and transparency -- 4. The inflation forecast and the …
Persistent link: https://www.econbiz.de/10011851645
Curzio Giannini's history of the evolution of central banks illustrates how the most relevant institutional developments have taken place at times of widespread confidence crises and in response to deflationary pressures. The eminent and highly-renowned author provides an analytical perspective...
Persistent link: https://www.econbiz.de/10011852081