Interest and prices: foundations of a theory of monetary policy
Auteur :
Woodford, Michael
Éditeur :
Princeton University Press
ISBN :
9780691010496
Date de publication :
7 sept. 2003
Dimensions :
23,5 x 15,2 cm
Poids :
1247 g
Format :
B315
Langue :
Anglais
Pays d'origine :
USA
Offers theoretical foundations for a rule-based approach to monetary policy for a world of communications and efficient financial markets. This book examines the foundations of monetary economics, showing how interest-rate policy can be used to achieve an inflation target in the absence of either commodity control of a monetary aggregate.