Interest and Prices. Foundations of a Theory of Monetary Policy, Hardback
Foundations of a Theory of Monetary Policy
Editura:
Princeton University Press
An:
2003
Pagini:
808
Tip copertă:
Cartonata
ISBN:
9780691010496
ISBN-10:
0691010498
Categorii:
Investiții
Descriere
Offers theoretical foundations for a rule-based approach to monetary policy for a world of communications and efficient financial markets. This book examines the foundations of monetary economics, showing how interest-rate policy can be used to achieve an inflation target in the absence of either commodity control of a monetary aggregate.
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