Monetary Policy [NOOK Book]

Overview

In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions.

Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. ...
See more details below
Monetary Policy

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$13.99
BN.com price
(Save 44%)$25.00 List Price

Overview

In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions.

Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism—the channel through which the central bank's actions affect spending on goods and services—with a special focus on the reduction in bank lending that must accompany a reduction in reserves.
This new research will be of special interest to central bankers and academic economists.
Read More Show Less

Editorial Reviews

Booknews
In nine papers, from a January 1993 conference organized by the National Bureau of Economic Research, leading monetary economists evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables; analyze the behavior of prices and inflation with an emphasis on understanding the short-run behavior of prices; examine the monetary transmission mechanism--the channel through which the central bank's actions affect spending on goods and services; and analyze the causes and effects of the Federal Reserve's shift to an explicitly disinflationary policy. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Read More Show Less

Product Details

Table of Contents

Acknowledgments
Introduction by N. Gregory Mankiw
1: The Use of a Monetary Aggregate to Target Nominal GDP
Martin Feldstein, James H. Stock.
2: Nominal Income Targeting
Robert E. Hall, N. Gregory Mankiw.
3: Nonstandard Indicators for Monetary Policy: Can Their Usefulness Be Judged from Forecasting Regressions?
Michael Woodford
4: On Sticky Prices: Academic Theories Meet the Real World
Alan S. Blinder
5: What Determines the Sacrifice Ratio?
Laurence Ball
6: Measuring Core Inflation
Michael F. Bryan, Stephen G. Cecchetti.
7: Monetary Policy and Bank Lending
Anil K. Kashyap, Jeremy C. Stein.
8: Historical Perspectives on the Monetary Transmission Mechanism
Jeffrey A. Miron, Christina D. Romer, David N. Weil.
9: Federal Reserve Policy: Cause and Effect
Matthew D. Shapiro
Contributors
Author Index
Subject Index
Read More Show Less

Customer Reviews

Average Rating 3
( 1 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(1)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted December 27, 2011

    No text was provided for this review.

Sort by: Showing 1 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)