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 … framework -- 10. The experience of inflation targeting since 1993 -- 11. Reflections on the Bank of Canada's monetary policy …

analysis of monetary and exchange rate issues in the modern world. Monetary and Exchange Rate Systems will be extremely useful …

, Kaleckians and other heterodox economists from the developed and developing world. Post Keynesian literature has long been … effects on aggregate demand / Linwood Tauheed and L. Randall Wray -- 4. Credibility versus confidence in monetary policy …. Saving, asset-price inflation, and debt-induced deflation / Michael Hudson -- 7. Unit roots in macroeconomic time series and …

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 …

The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth …

; 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 …

developments have taken place at times of widespread confidence crises and in response to deflationary pressures. The eminent and … place without an institution--i.e. the central bank - that could preserve confidence in the instruments used as money …

issue of confidence in money. Scholars examine the specific relationship between central banking, monetary policy and the …