This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate … for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of … inflation-targeting policies. New material includes labor and financial market frictions, the zero lower bound on nominal …

"This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a … both an engaging, broadly focused introduction to China's economy since 1949 and original insights based on his own … notable also for placing China's economy in interesting comparative contexts, discussing it in relation to other transitional …