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Item Details
Title: MONETARY POLICY
By: N. Gregory Mankiw
Format: Paperback

List price: £27.00
Our price: £24.30
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ISBN 10: 0226503097
ISBN 13: 9780226503097
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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
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