Interest and Prices : Foundations of a Theory of Monetary Policy.

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With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure &quo...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Woodford, Michael
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, 2009.
Temas:
Monetary policy.
Economic policy.
Interest.
Prices.
Politique monétaire.
Politique économique.
Intérêt (Économie)
Prix.
prices.
BUSINESS & ECONOMICS > International > Economics.
Taux d'intérêt.
Macroéconomie.
Geldpolitik
Geldtheorie
Preisstabilität
Zins
Preiselastizität
Monetaire politiek.
Monetaire theorie.
Política monetária.
Théorie monétaire.
Modèle macroéconomique.
Acceso en línea:Texto completo
Descripción
Sumario:With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure "fiat" currencies be managed so as to create confidence in the stability of national units of account?Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a w
Descripción Física:1 online resource (804 pages)
Bibliografía:Includes bibliographical references (pages 747-764) and index.
ISBN:9781400830169
1400830168
0691010498
9780691010496

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