9780817923747-0817923748-Strategies for Monetary Policy

Strategies for Monetary Policy

ISBN-13: 9780817923747
ISBN-10: 0817923748
Author: John B. Taylor, John H. Cochrane
Publication date: 2020
Publisher: Hoover Institution Press
Format: Hardcover 416 pages
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ISBN-13: 9780817923747
ISBN-10: 0817923748
Author: John B. Taylor, John H. Cochrane
Publication date: 2020
Publisher: Hoover Institution Press
Format: Hardcover 416 pages

Summary

Strategies for Monetary Policy (ISBN-13: 9780817923747 and ISBN-10: 0817923748), written by authors John B. Taylor, John H. Cochrane, was published by Hoover Institution Press in 2020. With an overall rating of 4.3 stars, it's a notable title among other Macroeconomics (Economics) books. You can easily purchase or rent Strategies for Monetary Policy (Hardcover, Used) from BooksRun, along with many other new and used Macroeconomics books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.41.

Description

As the Federal Reserve System conducts its latest review of the strategies, tools, and communication practices it deploys to pursue its dual-mandate goals of maximum employment and price stability, Strategies for Monetary Policy - drawn from the 2019 Monetary Policy Conference at the Hoover Institution - emerges as an especially timely volume. The book's expert contributors examine key policy issues, offering their perspectives on US monetary policy tools and instruments and the interaction between Fed policies and financial markets. The contributors review central bank inflation-targeting policies, how various monetary strategies actually work in practice, and the use of nominal GDP targeting as a way to get the credit market to work well and fix the friction in that market. In addition, they discuss the effects of the various rules that the Fed considers in setting policy, how the Fed's excessive fine-tuning of the economy and financial markets has added financial market volatility and harmed economic performance, and the key issues that impact achievement of the Fed's 2 percent inflation objective. The volume concludes by exploring potential options for enhancing our policy approach.

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