Téléchargez le livre : Towards the Next Revolution in Central Banking

Towards the Next Revolution in Central Banking

A Radical Framework for Monetary Policy de

Éditeur :

Palgrave Macmillan


Paru le : 2021-10-28

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Description

This book critically explores past and present principles of central banking, and outlines a new framework for future stabilization policy. Through compact and concise chapters, it demonstrates why a constant long-term interest rate would be the most beneficial target for monetary policy to follow. A novel set of policy tools and institutional arrangements suitable to reliably meet this target are developed.

It is argued that the proposed framework would be clearly superior to conventional policies in preventing financial market crises, maintaining high employment, and keeping the economy at or near potential. The merits and shortcomings of alternative theories such as Modern Monetary Theory are also discussed.

This book will be relevant to researchers and policymakers as well as professional investors, analysts, and commentators of financial markets and the economy at large.
Pages
75 pages
Collection
n.c
Parution
2021-10-28
Marque
Palgrave Macmillan
EAN papier
9783030857653
EAN PDF
9783030857660
Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
7
Taille du fichier
1260 Ko
Prix
63,29 €
EAN EPUB
9783030857660
Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
7
Taille du fichier
410 Ko
Prix
63,29 €

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