Monetary Transmission in Diverse Economies

Monetary Transmission in Diverse Economies

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Overview

Monetary Transmission in Diverse Economies by Lavan Mahadeva

Monetary policy mistakes can cause serious economic damage. Central banks and their worldwide observers must strive to understand the transmission mechanism of monetary policy so that they know what monetary policy can do and what it should do to stabilize inflation and output—however imprecise that understanding may be. This volume sets out different aspects of the transmission mechanism, covering practical difficulties, as well as focusing on key areas such as the exchange rate and the monetary sector. The experiences of many countries are explained.

Product Details

ISBN-13: 9780521013253
Publisher: Cambridge University Press
Publication date: 10/27/2011
Pages: 276
Product dimensions: 5.98(w) x 9.02(h) x 0.59(d)

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