Monetary policy strategy / Frederic S. Mishkin.
Material type:
TextPublication details: Cambridge, Mass. : MIT Press, c2007.Description: x, 549 p. : ill. ; 24 cmISBN: - 9780262134828 (hardcover : alk. paper)
- 0262134829 (hardcover : alk. paper)
- 339.53 22 MIS-M 2007 805321
- HG230.3 .M57 2007
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | Item holds | |
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Lahore Business School Library Shelf No. 28, LBS | Book | 339.53 MIS-M 2007 805321 (Browse shelf(Opens below)) | Available | 805321 |
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| 339.5 CLA-S 1996 801548 Sustainability : | 339.5 WAR-M 1978 801550 The measurement and reform of budgetary policy / | 339.5098 LIM- 2003 801551 The limits of stabilization : | 339.53 MIS-M 2007 805321 Monetary policy strategy / | 339 MCC-M 1999 801535 Macroeconomics : | 339 MCC-M 1999 801536 Macroeconomics : | 339 MCC-M 2005 802909 Macroeconomics : |
Includes bibliographical references (p. [537]-538) and index.
1. How Did We Get Here? / Frederic S. Mishkin -- I. Fundamental Issues in the Conduct of Monetary Policy -- 2. What Should Central Banks Do? / Frederic S. Mishkin -- 3. The Transmission Mechanism and the Role of Asset Prices in Monetary Policy / Frederic S. Mishkin -- 4. The Role of Output Stabilization in the Conduct of Monetary Policy / Frederic S. Mishkin -- 5. Can Central Bank Transparency Go Too Far? / Frederic S. Mishkin -- 6. Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy? / Arturo Estrella and Frederic S. Mishkin -- 7. Rethinking the Role of NAIRU in Monetary Policy: Implications of Model Formulation and Uncertainty / Arturo Estrella and Frederic S. Mishkin -- II. Monetary Policy Strategy in Advanced Economies -- 8. Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries / Ben Bernanke and Frederic S. Mishkin.
"Frederic Mishkin is not only an academic expert in the field but also has been a high-level policymaker. He is well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering published papers, new introductory material, and a summing up, "Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask," which reflects on what we have learned about monetary policy over the last thirty years." "Mishkin blends theory, evidence, and case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anchor; fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy."--BOOK JACKET.