Monetary Policy Strategy

ISBN-10: 0262513374
ISBN-13: 9780262513371
Edition: 2009
List price: $72.00
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Book details

List price: $72.00
Copyright year: 2009
Publisher: MIT Press
Publication date: 9/1/2009
Binding: Paperback
Pages: 560
Size: 6.75" wide x 9.00" long x 1.25" tall
Weight: 2.2
Language: English

Preface
How Did We Get Here?
Fundamental Issues in the Conduct of Monetary Policy
Introduction to Part I
What Should Central Banks Do?
The Transmission Mechanism and the Role of Asset Prices in Monetary Policy
The Role of Output Stabilization in the Conduct of Monetary Policy
Can Central Bank Transparency Go Too Far?
Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy?
Rethinking the Role of NAIRU in Monetary Policy
Implications of Model Formulation and Uncertainty
Monetary Policy Strategy in Advanced Economies
Introduction to Part II
Central Bank Behavior and the Strategy of Monetary Policy
Observations from Six Industrialized Countries
Inflation Targeting
A New Framework for Monetary Policy?
International Experiences with Different Monetary Policy Regimes
Why the Federal Reserve Should Adopt Inflation Targeting
Monetary Policy Strategy in Emerging Market and Transition Economies
Introduction to Part III
Inflation Targeting in Emerging Market Countries
Monetary Policy Strategies for Latin America
Monetary Policy Strategies for Emerging Market Countries
Lessons from Latin America
Inflation Targeting in Transition Economies
Experience and Prospects
A Decade of Inflation Targeting in the World
What Do We Know and What Do We Need to Know?
The Mirage of Exchange-Rate Regimes for Emerging Market Countries
What Have We Learned?
Introduction to Part IV
Everything You Wanted to Know about Monetary Policy Strategy, but Were Afraid to Ask
Sources
Index

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