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How Monetary Policy Works : Central Bank Governors' Symposium Series - Lavan Mahadeva

How Monetary Policy Works

Central Bank Governors' Symposium Series

By: Lavan Mahadeva (Editor), P. J. N. Sinclair (Editor)

Hardcover Published: 30th September 2004
ISBN: 9780415343510
Number Of Pages: 464

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For monetary policymakers worldwide, developing a practical understanding of how monetary policy transmits to the economy is a day-to-day challenge. The data such policymakers have is imperfect, the maps they use are continually redrawn. With such uncertainty, understanding this complicated issue is rarely straightforward.
This book, a collaboration between some of the finest minds working on monetary theory in the world, helps to provide a foundation for understanding monetary policy in all its complex glory. Using models, case studies and new empirical evidence, the contributors to this book help readers on many levels develop their technical expertise.
Students of macroeconomics, money and banking and international finance will find this to be a good addition to their reading lists. At the same time, policymakers and professionals within banking will learn valuable lessons from a thorough read of this book's pages.

The Transmission Mechanism of Monetary Policy Through Interest Rates - Policy Rate Effects on Other Interest Rates, Asset Prices, Consumption and Investment
How Policy Rates Affect Output, Prices and Labour - Open Economy Issues; and Inflation and Disinflation
Model-building in Theory and Practice: The Output Gap
Model-building in Theory and Practise: The Philips Curve
Transmission Mechanisms and Inflation Targeting - The Case of Columbia's Disinflation
Monetary Transmission Mechanism in Poland
Monetary Policy and Goals for External Competitiveness - A Dynamic General Equilibrium Model for Hungary ron Gereben
Monetary Transmission Mechanism - A View from a High Inflation Environment
Measures of Monetary Policy Transparency and the Transmission Mechanism Richhild Moessner
Discussant's Comments Marion William, Barbados
Discussant's Comments David Dodge, Canada
Discussant's Comments Bimal Jalan, India
The Monetary Transmission Mechanism in South Africa
What do we know about the Channels of Monetary Transmission in Transition Economies? Hungaries Experience Under the Exchange Rate Targeting Regime
Goals and Instruments of Monetary Policy - Past, Present and Future
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780415343510
ISBN-10: 0415343518
Series: Central Bank Governors' Symposium Series
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 464
Published: 30th September 2004
Country of Publication: GB
Dimensions (cm): 23.67 x 16.05  x 2.97
Weight (kg): 0.83
Edition Number: 1