Monetary Policy ((NBER) National Bureau of Economic Research Business Cycles (CHUP)) (National Bureau of Economic Research Studies in Business Cycles) (Studies in Business Cycles)

by N. Gregory Mankiw

Leading monetary economists discuss applied aspects of monetary policy and offer practical research on the timing, magnitude and channels of central banking actions in this study. Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices and other economic variables. Others analyze price behaviour and inflation, particularly the short-run behaviour of prices. The monetary transmission mechanism - the channel through which the central bank's actions affect spending on goods and services - with a focus on the reduction in bank lending that must accompany a reduction in reserves, is also assessed.

• ISBN10: 0226503089
• ISBN13: 9780226503080
• Publish Date: 15 October 1994
• Publish Status: Out of Print
• Out of Print: 28 February 2001
• Publish Country: US
• Imprint: University of Chicago Press
• Format: Hardcover
• Pages: 360
• Language: English