The Preparation of Monetary Policy: Essays on a Multi-Model Approach
Jan Marc Berk
ISBN 10: 1441948694 ISBN 13: 9781441948694
Editore: Springer-Verlag New York Inc., 2010
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New copy - Usually dispatched within 7-11 working days. Codice articolo B9781441948694
Riassunto:
Standard macroeconomic monographs often discuss the mechanism of monetary transmission, usually ending by highlighting the complexities and uncertainties involved in this mechanism. Conversely, The Preparation of Monetary Policy takes these uncertainties as a starting point, analytically investigating their nature and spelling out their consequences for the monetary policy maker. The second innovative aspect of this book is its focus on policy preparation instead of well-covered topics such as monetary policy strategy, tactics, and implementation. Thirdly, a general, multi-model framework for preparing monetary policy is proposed, which is illustrated by case studies stressing the role of international economic linkages and of expectations. Written in a self-contained fashion, these case studies are of interest by themselves.
The book is written for an audience that is interested in the art and science of monetary policy making, which includes central bankers, academics, and (graduate) students in the field of monetary economics, macroeconomics, international economics and finance.
Contenuti: Acknowledgements. 1. Introduction and Overview. 2. The Information Content of the Yield Curve for Monetary Policy: a Survey. 3. Co-Movements in Long-Term Interest Rates and the Role of Exchange Rate Expectations: Evidence from Survey Data. 4. International Interdependence of Business Cycles: The Use of Leading Indicators for Forecasting and Analysis. 5. Measuring Inflation Expectations: a Survey Data Approach. 6. Price Movements in the Netherlands and Germany and the Guilder-Dmark Peg. 7. Summary and Concluding Remarks. References. Index.
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Titolo: The Preparation of Monetary Policy: Essays ...
Casa editrice: Springer-Verlag New York Inc.
Data di pubblicazione: 2010
Legatura: Paperback / softback
Condizione: New