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Record Nr. |
UNINA9910955967803321 |
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Autore |
Bofinger Peter |
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Titolo |
Monetary policy : goals, institutions, strategies, and instruments / / Peter Bofinger, in collboration with Julian Reischle and Andrea Schächter |
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Pubbl/distr/stampa |
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Oxford : , : Oxford University Press, , 2023 |
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ISBN |
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1-383-03732-9 |
1-283-63782-0 |
0-19-166484-7 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (xxi, 454 p.) : ill |
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Collana |
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Oxford scholarship online |
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Disciplina |
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Soggetti |
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Monetary policy |
Monetary policy - European Union countries |
Monetary policy - United States |
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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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Previously issued in print: 2001. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Introduction; Part I. Theoretical Fundaments of Monetary Policy; 1. What is money?; 2. The demand for money; 3. The money supply process: starting point of the transmission process; 4. Monetary policy transmission; Part II. Domestic Aspects of Monetary Policy; 5. The ultimate goal and the final targets of monetary policy; 6. The institutional framework for monetary policy I: 'rules versus discretion'; 7. The institutional framework of monetary policy II: the design of the central bank legislation; 8. Strategies ('simple rules') for a stability-oriented monetary policy; 9. The conduct of monetary policy by the world's major central banks; 10. The instruments of monetary policy; 11. Seigniorage and inflation tax; Part III. Monetary Policy in an Open Economy; 12. Important building blocks of open-economy macroeconomics; 13. Monetary policy strategies in an open economy; References; Index of names; Index of subjects. |
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Sommario/riassunto |
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This volume provides a description and analysis of monetary policy in Europe and the United States. It focuses on actual monetary policy - targets, institutions, strategies, and instruments. |
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