MOMENTAN AUSVERKAUFT
Über dieses Produkt
Product Identifiers
PublisherSpringer International Publishing A&G
ISBN-103030857654
ISBN-139783030857653
eBay Product ID (ePID)3050399791
Product Key Features
Original LanguageGerman
Book TitleTowards the Next Revolution in Central Banking : a Radical Framework for Monetary Policy
Number of PagesX, 75 Pages
LanguageEnglish
TopicPolitical Economy, Public Finance, Finance / General, Public Policy / Economic Policy
Publication Year2021
IllustratorYes
GenrePolitical Science, Business & Economics
AuthorBurkhard Wehner
FormatHardcover
Dimensions
Item Weight9.6 Oz
Item Length8.3 in
Item Width5.8 in
Additional Product Features
Dewey Edition23
Number of Volumes1 vol.
Dewey Decimal332.11
Table Of Content1:-On the History of Monetary Policy.- 2.:-An Alternative Model: Stabilizing the Long-Term Interest Rate.- 3:-New Instruments for Monetary Policy.- 4:-Paths to the Fixed-Rate Model - How, Where, and When?.- 5:-Some Supplements.- 6:-On the Governance Structure of Fully Independent Central Banks.
Synopsis1: -On the History of Monetary Policy.- 2.: -An Alternative Model: Stabilizing the Long-Term Interest Rate.- 3: -New Instruments for Monetary Policy.- 4: -Paths to the Fixed-Rate Model - How, Where, and When?.- 5: -Some Supplements.- 6: -On the Governance Structure of Fully Independent Central Banks., 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.
LC Classification NumberHD87-87.55
