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Monetary Policy.

Author: N Gregory Mankiw
Publisher: Chicago : University of Chicago Press, 1994.
Series: Studies in income and wealth.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions. Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the  Read more...
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Genre/Form: Electronic books
Conference papers and proceedings
Congresses
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: N Gregory Mankiw
ISBN: 9780226503103 0226503100
OCLC Number: 437248167
Description: 1 online resource (358 pages).
Contents: Monetary Policy; Contents; Acknowledgments; Introduction; 1. The Use of a Monetary Aggregate to Target Nominal GDP; 2. Nominal Income Targeting; 3. Nonstandard Indicators for Monetary Policy: Can Their Usefulness Be Judged from Forecasting Regressions?; 4. On Sticky Prices: Academic Theories Meet the Real World; 5. What Determines the Sacrifice Ratio?; 6. Measuring Core Inflation; 7. Monetary Policy and Bank Lending; 8. Historical Perspectives on the Monetary Transmission Mechanism; 9. Federal Reserve Policy: Cause and Effect; Contributors; Author Index; Subject Index.
Series Title: Studies in income and wealth.
More information:

Abstract:

In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions. Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism?the channel through which the central bank's actions affect spending on goods and services?with a.

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