Beginning with an assessment of new thinking in macroeconomics and monetary theory, this book suggests that many … countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels … the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets …

those with a particular interest in monetary theory and policy. Economic analysts, commercial banks, financial institutions …

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 … and Lance Taylor -- 3. Inflation targeting and the real exchange rate in a small economy : a structuralist approach …

. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses … flows', 'What are the linkages between monetary stability and financial stability?' and 'Is inflation targeting or a fixed …

operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …

Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together … his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …

. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like … on Early Monetary Theory will be of interest to bankers, historians, and macroeconomists and can be used as a …

Part I basic statements and analyses -- 1. The concept of nation -- 2. The theory of exchange -- 3. Equilibrium and … international monetary equilibrium in modern monetary systems -- 11. Money creation in hierarchical systems -- 12. Inflation, a …

theory to post Keynesian theories of endogenous money …1. Money and economic theory and policy -- 2. The nature and functions of money : a re-examination -- 3. Monetarism and … the quantity theory of money -- 4. Short-run non-neutralities, nominal rigidities, misperceptions and the concept of the …