Описание: "This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Gali explores various issues pertaining to monetary policy`s design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects for monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes labor and financial market frictions, the zero lower bound on nominal interest rates, and an analysis of unemployment`s significance for monetary policy. The most up-to-date introduction to the New Keynesian framework available A single benchmark model used throughout New materials and exercises included An ideal resource for graduate students, researchers, and market analysts "--
Автор: Altig Название: Monetary Policy in Low-Inflation Economies ISBN: 1107514118 ISBN-13(EAN): 9781107514119 Издательство: Cambridge Academ Рейтинг: Цена: 5859.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The essays in this volume investigate the challenges of transitioning to lower levels of inflation and conducting monetary policy in low-inflation economies. The essays make both theoretical and empirical contributions.
Автор: Roy Green Название: Classical Theories of Money, Output and Inflation ISBN: 1349223905 ISBN-13(EAN): 9781349223909 Издательство: Springer Рейтинг: Цена: 9362.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process.
Автор: Cobham Название: Twenty Years of Inflation Targeting ISBN: 1107696895 ISBN-13(EAN): 9781107696891 Издательство: Cambridge Academ Рейтинг: Цена: 6018.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book provides a comprehensive review of the experience of inflation targeting since its introduction in New Zealand in 1989 and looks in detail at what we can learn from the past twenty years and what challenges we may face in the future.
Автор: Roy Green Название: Classical Theories of Money, Output and Inflation ISBN: 0333565622 ISBN-13(EAN): 9780333565629 Издательство: Springer Рейтинг: Цена: 23757.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process.
Автор: Leopold von Thadden Название: Money, Inflation, and Capital Formation ISBN: 3540664564 ISBN-13(EAN): 9783540664567 Издательство: Springer Рейтинг: Цена: 12157.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This is an analysis of long run effects of inflation on real activity. It surveys the theoretical and empirical literature, and introduces a monetary version of an overlapping generations economy with production and a single outside asset as a base model as a framework for the debate.
Автор: R. B. Outhwaite Название: Inflation in Tudor and Early Stuart England ISBN: 0333101448 ISBN-13(EAN): 9780333101445 Издательство: Springer Рейтинг: Цена: 11179.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Автор: Michael Carlberg Название: Inflation and Unemployment in a Monetary Union ISBN: 3540793003 ISBN-13(EAN): 9783540793007 Издательство: Springer Рейтинг: Цена: 19564.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. It further gives a description of processes in a monetary union where different targets are pursued by various institutions.
Contrary to the Quantity Theory of Money, which in its various forms, implies that increases in output of goods and services will, ceteris paribus, exert downward pressure on the general price level, Dr. Nwankwo in this book, argues that the growth of some components of output could accentuate, rather than dampen inflation. This phenomenon, which the author has termed 'Disaggregation Dissonance Hypothesis', states that while some components of the GDP may be inversely related to the price level, other components may be positively related to the price level. In addition, interaction between sectors, measured for example with the ratio of non-agricultural output to agricultural output, could also affect the price level. In view of these observations, the author argues that the practice based on the Quantity Theory of using aggregate output as an explanatory variable for the price level is defective and inappropriate and that the use of aggregate output in an empirical study is of limited relevance because it obscures a lot of the underlying influences which are necessary for understanding the structure and dynamics of inflation. He contends that a more appropriate approach will be to use disaggregated components of the GDP, as well as sectoral interaction variables in order to bring out the different ways in which the different components of the GDP impact inflation.
The author supports his thesis with an econometric investigation, using Nigeria's data from 1960 to 2011, which shows that when the GDP is split into agricultural and non-agricultural components, the former impacts the price level inversely, while the latter impacts the price level positively.
Автор: P.A. Rowlatt Название: Inflation ISBN: 0412358700 ISBN-13(EAN): 9780412358708 Издательство: Springer Рейтинг: Цена: 24450.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Identifies the likely causes of high inflation and assesses the available policy options for preventing or curing it. This book presents an approach that consists of making hypotheses about the economic motivation of individuals, developing a model, and assessing the results.
Автор: Michael Carlberg Название: Inflation in a Monetary Union ISBN: 3642077692 ISBN-13(EAN): 9783642077692 Издательство: Springer Рейтинг: Цена: 20263.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Provides a surprising answer to the origins of America`s most durable myth. For the first time, this book links the stories and lives of Abner Graves, a mining engineer, and Adam Ford, a medical doctor, two residents of Denver, Colorado. While the actual origins of the game of baseball are the subject of ongoing debate and study, new light is shed on the source of baseball`s durable creation myth.
Автор: Paul Beckerman Название: The Economics of High Inflation ISBN: 1349217158 ISBN-13(EAN): 9781349217151 Издательство: Springer Рейтинг: Цена: 20962.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book describes the complex of economic processes which sustains inflationary pressure in nations with severe inflation problems.
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