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Record Nr. |
UNINA9910458001503321 |
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Titolo |
How monetary policy works [[electronic resource] /] / edited by Lavan Mahadeva and Peter Sinclair |
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Pubbl/distr/stampa |
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London ; ; New York, : Routledge, 2005 |
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ISBN |
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1-134-28984-7 |
1-280-29054-4 |
9786610290543 |
0-203-32413-7 |
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Descrizione fisica |
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1 online resource (443 p.) |
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Collana |
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Central Banks Governors' Symposium ; ; 4 |
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Classificazione |
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Altri autori (Persone) |
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MahadevaLavan |
SinclairPeter <1958-> |
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Disciplina |
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Soggetti |
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Monetary policy |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references (p. [411]-438) and index. |
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Nota di contenuto |
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Book Cover; Half-Title; Series-Title; Title; Copyright; Contents; Figures; Tables; Contributors; Acknowledgments; 1 Introduction; Part 1 An overview of the transmission mechanism of monetary policy; 2 The transmission of monetary policy through interest rates; 3 How policy rates affect output, prices ans labour, open economy issues, and inflation and disinflation; Part 2 Building structural models of the monetary policy transmission; 4 Model-building in theory and practice; 5 Model-building in theory and practice; 6 Transmission mechanics and inflation targeting |
7 Monetary policy and goals for external competitiveness8 Monetary transmission mechanism in poland; 9 Monetary transmission mechanism in turkey; Part 3 Transparency and market expectations; 10 Measures of monetary policy transparency and the transmission mechanism; Part 4 Monetary policymakers' perspectives; 11 Centeral bank governors' symposim, 2001, bank of England discussant's comments; 12 Centeral bank governor's symposium 2001, Bank of England discussant's comments; 13 Centeral bank governor's symposium, 2001, bank of AEngland discussant's comments |
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14 Volatility of foreign financial flows and the monetary transmission mechanism15 The monetary transmission mechanism in South africa; 16 What do we know about the channels of monetary transmission in transition economies; 17 Goals and instruments of monetary policy; 18 Monetary policy and the supply side; Bibliography; Index |
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Sommario/riassunto |
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For monetary policymakers worldwide, developing a practical understanding of how monetary policy transmits to the economy is a day-to-day challenge. The data such policymakers have is imperfect, the maps they use are continually redrawn. With such uncertainty, understanding this complicated issue is rarely straightforward.This book, a collaboration between some of the finest minds working on monetary theory in the world, helps to provide a foundation for understanding monetary policy in all its complex glory. Using models, case studies and new empirical evidence, the contributors to this b |
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