Compendium of Staff Studies of Current Issues in Monetary Policy
Author: Robert E. Keleher
Publisher:
Published: 2001
Total Pages: 64
ISBN-13:
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Monetary Policy in Times of Crisis
Author: Massimo Rostagno
Publisher: Oxford University Press
Published: 2021
Total Pages: 449
ISBN-13: 0192895915
DOWNLOAD EBOOKThe first twenty years of the European Central Bank offer a unique insight into how a central bank can navigate macroeconomic insecurity and crisis. This volume examines the structures and decision-making processes behind the complex measures taken by the ECB to tackle some of the toughest economic challenges in the history of modern Europe.
International Dimensions of Monetary Policy
Author: Jordi Galí
Publisher: University of Chicago Press
Published: 2010-03-15
Total Pages: 663
ISBN-13: 0226278875
DOWNLOAD EBOOKUnited States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.
Monetary Policy Rules
Author: John B. Taylor
Publisher: University of Chicago Press
Published: 2007-12-01
Total Pages: 460
ISBN-13: 0226791262
DOWNLOAD EBOOKThis timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A unique cooperative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their striking findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. Monetary Policy Rules illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other central banks, Monetary Policy Rules is essential reading for economic analysts and policymakers alike.
Monetary Theory and Policy
Author: Carl E. Walsh
Publisher: MIT Press
Published: 2003
Total Pages: 636
ISBN-13: 9780262232319
DOWNLOAD EBOOKAn overview of recent theoretical and policy-related developments in monetary economics.
The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve System
Publisher:
Published: 2002
Total Pages: 0
ISBN-13: 9780894991967
DOWNLOAD EBOOKProvides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Monetary Policy Mistakes and the Evolution of Inflation Expectations
Author: Athanasios Orphanides
Publisher: DIANE Publishing
Published: 2010
Total Pages: 46
ISBN-13: 1437935613
DOWNLOAD EBOOKWhat monetary policy framework, if adopted by the Federal Reserve, would have avoided the Great Inflation of the 1960s and 1970s? The authors use counterfactual simulations of an estimated model of the U.S. economy to evaluate alternative monetary policy strategies. The authors document that policymakers at the time both had an overly optimistic view of the natural rate of unemployment and put a high priority on achieving full employment. They show that in the presence of realistic informational imperfections and with an emphasis on stabilizing economic activity, an optimal control approach would have failed to keep inflation expectations well anchored, resulting in highly volatile inflation during the 1970s. Charts and tables.
Monthly Catalog of United States Government Publications
Author: United States. Superintendent of Documents
Publisher:
Published: 1977
Total Pages: 1092
ISBN-13:
DOWNLOAD EBOOKFebruary issue includes Appendix entitled Directory of United States Government periodicals and subscription publications; September issue includes List of depository libraries; June and December issues include semiannual index
Tumultuous Times
Author: Masaaki Shirakawa
Publisher: Yale University Press
Published: 2021-08-10
Total Pages: 534
ISBN-13: 0300263007
DOWNLOAD EBOOKA rare insider’s account of the inner workings of the Japanese economy, and the Bank of Japan’s monetary policy, by a career central banker The Japanese economy, once the envy of the world for its dynamism and growth, lost its shine after a financial bubble burst in early 1990s and slumped further during the Global Financial Crisis in 2008. It suffered even more damage in 2011, when a severe earthquake set off the Fukushima Daiichi nuclear disaster. However, the Bank of Japan soldiered on to combat low inflation, low growth, and low interest rates, and in many ways it served as a laboratory for actions taken by central banks in other parts of the world. Masaaki Shirakawa, who led the bank as governor from 2008 to 2013, provides a rare insider’s account of the workings of Japanese economic and monetary policy during this period and how it challenged mainstream economic thinking.
Bailouts Or Bail-Ins?
Author: Nouriel Roubini
Publisher: Peterson Institute
Published: 2004-04-30
Total Pages: 462
ISBN-13: 9780881325300
DOWNLOAD EBOOKThe study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and deep reduction of protection by at least the middle-income developing countries, albeit on a more gradual schedule; and second, immediate free entry for imports from high risk low-income countries (heavily indebted poor countries, least developed countries, and sub-Saharan Africa), coupled with a 10-year tax holiday for direct investment in these countries.
