Monetary Policy
- Binding: Paperback
- Publisher: Univ of Chicago Pr
- Publish date: 03/01/1997
Description:
In Monetary Policy, leading economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central bank actions. The authors evaluate a variety of policy rules based on monetary aggregates, nominal income, and commodity prices; analyze the behavior of prices and inflation; examine the monetary. transmission mechanism; and explore the causes and effects of the Federal Reserve's shift to an explicitly disinflationary policy.
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