eBooks - Politics & Government - Economics - Lavan Mahadeva - Peter Sinclair - Monetary Transmission in Diverse Economies
Monetary Transmission in Diverse Economies eBook
Editor: Lavan Mahadeva ~ Editor: Peter Sinclair
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Platforms
Windows Vista / XP / 2000, Mac OS X, Sony Reader Features
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Availability:
Download Now Price: $112.00
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Monetary Transmission in Diverse Economies Summary
| The transmission mechanism of monetary policy explains how monetary policy works - which variables respond to interest rate changes, when, why, how, how much and how predictably. It is vital that central banks and their observers, worldwide, understand the transmission mechanism so that they know what monetary policy can do and what it should do to stabilise inflation and output. The volume sets out different aspects of the transmission mechanism. Some chapters scrutinise the relevance of practical issues such as asymmetries, recent structural changes and estimation errors using data on the US, Euro area and developing countries. Other chapters focus on modelling crucial aspects such as productivity, the exchange rate and the monetary sector. These issues are counterpointed by contributions, which analyse contemporary monetary policy in Japan and the UK. |
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eBooks - Titles - Authors - Politics & Government - Economics - Lavan Mahadeva - Peter Sinclair - Monetary Transmission in Diverse Economies