Monetary policy strategy /

Mishkin, Frederic S

Monetary policy strategy / Frederic S Mishkin - Cambridge : The MIT Press, 2007 - viii, 549p, 23cm.

Mishkin blends theory, econometric evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anchor; fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.

9780262134828


Monetary policy.

339.53 / MIS

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