Find a copy online
Links to this item
Find a copy in the library
Finding libraries that hold this item...
Details
Material Type: | Document, Internet resource |
---|---|
Document Type: | Internet Resource, Computer File |
All Authors / Contributors: |
J C R Dow; I D Saville |
ISBN: | 019828599X 9780198285991 0198283199 9780198283195 |
OCLC Number: | 57585881 |
Description: | 1 online resource (x, 259 pages) : illustrations |
Contents: | Introduction; Part I: The Behaviour of the Financial System; The Macroeconomic Behaviour of the Banking System; The Behaviour of Interest Rates: the Theoretical Background; The Behaviour of Interest Rates Continued; The Behaviour of Exchange Rates; Government Transactions, Money, and Interest Rates; Part II: Monetary Control and the Course of the Aggregates: UK Monetary Policy since 1971; Central-bank Rate as an Instrument of Monetary Control; Monetary Base Control;The Corset, Overfunding, and Banking Supervision; Monetary Growth since the mid-1960s; Part III: Conclusions: The Limitations and Role of Monetary Policy; Monetary Policy Without Monetary Targets; Bibliography; Index |
Responsibility: | J.C.R. Dow and I.D. Saville. |
Abstract:
Reviews
Publisher Synopsis
'a careful empiricism which pays attention to the significance of local institutional idiosyncrasies and a skillful blending of theoretical and historical analysis geared to the generation of policy-relevant conclusions ... These qualities are very much on display in this book.'David Laidler, University of Western Ontario, Journal of Economic Literature `the recent demise ... of money-growth targetting as the centrepiece of monetary policy has created something of an intellectual vacuum [which the book] is an attempt to fill ... a skilful blending of theoretical and historical analysis geared to the generation of policy-relevant conclusions ... thoughful, closely argued and readable; it will serve as a useful antidote to the stultifying parochialism of so much American macroeconomics.'Laidler `A book that monetarists of all varieties will neglect at their peril... The work will become a standard textbook.' Samuel Brittan, Financial Times `A formidable critique of monetary policy.' Times `The work that made the deepest impression on me because of the great practical importance of its conclusions and novelty of its argument went to the heart of the controversy over monetarism ... The book has started off a major controversy that will no doubt continue ... its influence is sure to grow.' Alec Cairncross Read more...


Tags
Similar Items
Related Subjects:(12)
- Monetary policy -- Great Britain.
- Interest rates -- Government policy -- Great Britain.
- Monetary policy.
- Interest rates.
- Grande-Bretagne -- politique monétaire.
- Interest rates -- Government policy.
- Great Britain.
- Monetaire politiek.
- Rente.
- Politique monétaire.
- Taux di̕ntérêt.
- Taux di̕ntérêt -- Grande-Bretagne.