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A comparative history of central bank behavior : consistency in monetary policy in the US and UK

Wood, John H. - 2022

"It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us,...

Persistent link: https://www.econbiz.de/10013537820

Credit, interest rates and the open economy : essays on horizontalism

Rochon, Louis-Philippe (ed.); Vernengo, Matías (ed.) - 2000

The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of credit and money. This book extends horizontalism beyond its traditional boundaries and makes it consistent with the post-Keynesian theories of output and the open economy. The...

Persistent link: https://www.econbiz.de/10014473823

Money, credit, and policy

Meltzer, Allan H. - 1995

. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume …

Persistent link: https://www.econbiz.de/10014473936

Monetary policy and the great inflation in the United States : the Federal Reserve and the failure of macroeconomic policy, 1965-1979

Mayer, Thomas - 1999

great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the … policy that led to this inflation. Thomas Mayer considers forecasting errors and wage and price controls in his attempt to … explain why the inflation occurred and places some of the blame on ineffective operating procedures, institutional …

Persistent link: https://www.econbiz.de/10014473850

Monetary policy and Taiwan's economy

Dwyer, Gerald P. (ed.); Lin, Jin-Lung (ed.); Xu, Jiadong (ed.) - International Conference on the Conduct of Monetary … - 2002

Monetary Policy and Taiwan's Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the...

Persistent link: https://www.econbiz.de/10014474165

Long-run growth and short-run stabilization : essays in memory of Albert Ando

Ando, Albert (contributor); … - 2006

There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few … system and private savings in Italy -- Do the elderly dissave in Japan? -- On robust monetary policy -- The euro and the … account -- Land prices and business fixed investment in Japan -- Rationality, behavior and switching idiosyncracies in the …

Persistent link: https://www.econbiz.de/10011851839

International monetary policy after the euro

Mundell, Robert A. (contributor); Zak, Paul J. (contributor) - Bologna-Claremont International Monetary Conference … - 2005

1. Introduction -- 2. Issues facing the global economy -- 3. Internal aspects of the euro -- 4. International aspects of the euro -- 5. Lionel Robbins lecture -- 6. The future of the EMU, the euro, and international finance -- 7. The role of gold in the international monetary system -- 8....

Persistent link: https://www.econbiz.de/10011851446

Central banks and supervisory architecture in Europe : lessons from crises in the 21st century

Holzmann, Robert (ed.); Restoy, Fernando (ed.) - Oesterreichische Nationalbank - 2022

"With Covid-19 and other recent crises proving the need to review the state-of-play and implement robust institutional frameworks in the complex, heterogenous and decentralised European supervisory architecture, this insightful book outlines what can be done to innovate the current set-up in the...

Persistent link: https://www.econbiz.de/10013462758

The economics of the euro area : macroeconomic policy and institutions

Bergeijk, Peter A. G. van (ed.); Berndsen, Ron J. (ed.); … - 2000

This book examines the monetary integration of the group of countries which constitute the Economic and Monetary Union (EMU), signalling the emergence of a truly European economy. The authors devote their considerable expertise to the analysis of macroeconomic policies within EMU and the...

Persistent link: https://www.econbiz.de/10014473884

Fiscal policy in economic and monetary union : theory, evidence, and institutions

Buti, Marco - 2006

This book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU's budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its supranational...

Persistent link: https://www.econbiz.de/10011852061