This volume offers a broad context for the question of why governments prefer to limit themselves to a specific inflation target. Academic specialists and senior officials of the European Central Bank, the OECK and national central banks look beyond inflation targeting as the goal of monetary policy. Nobel Laureate Robert Mundell, surveys the history and prospects of the sovereignty of the state over money, while Michael Bordo and Lars Jonung use data of 14 industrialized countries over the past century to show relationships between fiscal and monetary regimes.
- ISBN10 1403914370
- ISBN13 9781403914378
- Publish Date December 2001 (first published 11 September 2001)
- Publish Status Active
- Publish Country US
- Imprint Palgrave Macmillan
- Format eBook
- Pages 289
- Language English