Title:
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MONETARY POLICY
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By: |
N. Gregory Mankiw |
Format: |
Paperback |
List price:
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£27.00 |
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£24.30 |
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£2.70 |
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ISBN 10: |
0226503097 |
ISBN 13: |
9780226503097 |
Availability: |
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Publisher: |
THE UNIVERSITY OF CHICAGO PRESS |
Pub. date: |
15 March, 1997 |
Series: |
National Bureau of Economic Research Studies in Business Cycles v. 29 |
Pages: |
355 |
Description: |
Discusses applied aspects of monetary policy, with practical research on the timing, magnitude, and channels of central bank actions. The authors evaluate a variety of policy rules based on monetary aggregates, nominal income, and commodity prices, analyzing the behaviour of prices and inflation. |
Synopsis: |
In this text leading monetary economists discuss applied aspects of monetary policy and offer practical research on the timing, magnitude, and channels of central banking actions. The contributors evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. They also analyze price behaviour and inflation, particularly the short-run behaviour of prices. Other papers examine the monetary transmission mechanism - the channel through which the central bank's actions affect spending on goods and services - with a special focus on the reduction in bank lending that must accompany a reduction in reserves. The book is intended for monetary specialists, graduate students and economists. |
Illustrations: |
44 line drawings, 60 tables |
Publication: |
US |
Imprint: |
University of Chicago Press |
Returns: |
Returnable |