Opis: Central Banking Monetary Theory

Celebrating the contribution that Charles Goodhart has made to monetary economics and policy, this compendium of original papers draws together a highly respected group of international academics, central bankers and financial market regulators covering a broad range of issues in modern monetary economics. Topics discussed include: central bank independence; the meaning of words and transparency; the inflation forecast and the loss function; monetary policy experiences in the US and the UK; the implications of Goodhart's Law; the benefits of single versus multiple currencies; and money, near monies and credit.Money and inflation; central bank independence; the use and meaning of words in central banking - inflation, targeting, credibility and transparency; the inflation forecast and the loss function; six practical views of central bank transparency; the phases of US monetary policy - 1987 to 2001; UK monetary policy 1972 1977 - a guide to using Taylor rules; Goodhart's law - its origins, meaning and implications for monetary policy; a note on unified currency; the monetization of credit.

Szczegóły: Central Banking Monetary Theory

Tytuł: Central Banking Monetary Theory
Producent: Edward Elgar
ISBN: 9781840646146
Rok produkcji: 2003
Ilość stron: 292
Oprawa: Twarda

Recenzje: Central Banking Monetary Theory