Money and the natural rate of unemployment /

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This work offers a view of monetary policy & regimes. It presents new mechanisms, indicating that money affects long-term production. The consequent policy implications are discussed, including the impact of an independent central bank.

Bibliographic Details
Call Number:Libro Electrónico
Main Author: Østrup, Finn
Format: Electronic eBook
Language:Inglés
Published: Cambridge ; New York : Cambridge University Press, 2000.
Subjects:
Unemployment > Effect of inflation on.
Monetary policy.
Chômage > Effets de l'inflation sur.
Politique monétaire.
BUSINESS & ECONOMICS > Labor.
Monetary policy
Unemployment > Effect of inflation on
Geldpolitik
Mathematisches Modell
Arbeitslosigkeit
Inflation
Monetaire politiek.
Inflatie.
Werkloosheid.
Chômage > Effets de l'inflation.
Online Access:Texto completo
Table of Contents:
  • Introduction
  • The literature
  • The wage formation process
  • Imperfect integration of securities markets
  • Monopolistic competition in bank markets
  • Utility from securities holdings
  • Hysteresis effects from monetary policy
  • The impact of inflation on bank earnings
  • Centralised wage formation
  • Fiscal policy
  • Price stability goal
  • Uncertainty concerning policy formation
  • Policy uncertainty in a fixed-but-adjustable exchange rate regime
  • The impact of uncertainty on wage setting
  • Policy implications of monetary non-neutrality.

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