Monetary Policy and Interest Rates Proceedings of a Conference Sponsored by Banca D'Italia, Centro Paolo Baffi and the Innocenzo Gasparini Institute F
- List Price: $120.00
- Binding: Hardcover
- Publisher: Palgrave Macmillan
- Publish date: 11/01/1998
Description:
The yield curve -- the relation among market interest rates of different maturities -- has become increasingly important in recent years as a bench-mark for evaluating investment strategies in the diversified and global financial market. The essays collected here examine how yield curve developments can help assess the credibility and sustainability of monetary policy strategies and how, in turn, monetary policy actions affect the yield curve.
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