+612 9045 4394
 
CHECKOUT
Monetary Policy and Interest Rates - Riccardo Rovelli

Monetary Policy and Interest Rates

By: Riccardo Rovelli (Editor), Ignazio Angeloni (Editor)

Hardcover

Published: 14th September 1998
Ships: 7 to 10 business days
7 to 10 business days
RRP $552.99
$382.90
31%
OFF
or 4 easy payments of $95.73 with Learn more

An authoritative examination for top international policymakers and academics conducting monetary policy arising from a conference organised by the Banca d'Italia. The yield curve - the relation among market interest rates of different maturities - is a key benchmark for evaluating investment strategies in the global financial market. To a growing extent, central banks use it to evaluate, explain to the public and monitor the results of policy decisions.

List of Contributorsp. vii
Forewordp. ix
Introduction: Monetary Policy and Interest Ratesp. 1
Exchange Rate Regimes and the Expectations Hypothesis of the Term Structurep. 11
Decomposing the Term Structure into Risk Premia and Expectations: Evidence for the Eurolira Ratesp. 36
Long-term Bond Yields, Monetary Policy and the Expectations Hypothesis of the Term Structure of Interest Ratesp. 67
Borrowed Reserves, Fed Funds Rate Targets and the Term Structurep. 80
Monetary Policy Actions and the Term Structure of Interest Rates: A Cross-Country Analysisp. 121
Monetary Policy, Inflation Persistence and the Term Structure of Interest Rates: Estimates for the United Kingdom, Germany and the United Statesp. 163
Monetary Policy, Forward Rates and Long Rates: Does Germany Differ From the United States?p. 198
Is the Term Structure of Interest Rates a Useful Indicator for Spanish Monetary Policy?p. 232
Monetary Policy and the Term Structure of Interest Rates: An Overview of Some Recent Researchp. 263
Using the Term Structure of Interest Rates for Monetary Policyp. 272
Index of Namesp. 291
Index of Subjectsp. 294
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780333716472
ISBN-10: 0333716477
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 295
Published: 14th September 1998
Publisher: Palgrave Macmillan
Country of Publication: GB
Dimensions (cm): 21.6 x 14.0  x 2.7
Weight (kg): 0.54
Edition Number: 1