Monetary policy strategy / Frederic S Mishkin
Material type: TextPublication details: Cambridge : The MIT Press, 2007Description: viii, 549p, 23cmISBN:- 9780262134828
- 339.53 MIS
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|
Book | Calcutta | 339.53 MIS (Browse shelf(Opens below)) | Available | IIMC-124416 |
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.
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