Monetary policy strategy / Frederic S Mishkin
Material type:
TextPublication details: Cambridge : The MIT Press, 2007Description: viii, 549p, 23cmISBN: - 9780262134828
- 339.53 MIS
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Calcutta | 339.53 MIS (Browse shelf(Opens below)) | Available | IIMC-124416 |
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| 339.53 LAV Money and Macrodynamics : | 339.53 MAC Issues in finance and monetary policy / | 339.53 MIL Microeconomic effects of monetary policy : | 339.53 MIS Monetary policy strategy / | 339.53 PON The political economy of monetary circuits : | 339.53 PRA Money in the macroeconomy / | 339.53 SCH Financial stability policy in the Euro zone : |
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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