1.

Record Nr.

UNINA9910962960703321

Titolo

Asset prices and monetary policy / / edited by John Y. Campbell

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 2008

ISBN

9786611959296

9781281959294

1281959294

9780226092126

0226092127

Edizione

[1st ed.]

Descrizione fisica

1 online resource (444 p.)

Collana

A National Bureau of Economic Research conference report

Altri autori (Persone)

CampbellJohn Y

Disciplina

339.5/3

Soggetti

Monetary policy

Securities - Prices

Speculation

Capital assets pricing model

Investment analysis - Mathematics

Capital investments

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

Measuring the macroeconomic risks posed by asset price booms / Stephen G. Cecchetti -- Expectations, asset prices, and monetary policy : the role of learning / Simon Gilchrist and Masashi Saito -- Optimal monetary policy with collateralized household debt and borrowing constraints / Tommaso Monacelli -- Inflation illusion, credit, and asset prices / Monika Piazzesi and Martin Schneider -- Learning, macroeconomic dynamics, and the term structure of interest rates / Hans Dewachter and Marco Lyrio -- Revealing the secrets of the temple : the value of publishing central bank interest rate projections / Glenn D. Rudebusch and John C. Williams -- The effect of monetary policy on real commodity prices / Jeffrey A. Frankel -- Noisy macroeconomic announcements, monetary policy, and asset prices / Roberto Rigobon and Brian Sack -- Is bad news about inflation good news for the exchange rate? And, if so, can that tell us anything about the conduct



of monetary policy? / Richard H. Clarida and Daniel Waldman.

Sommario/riassunto

Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system. The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housing market, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy.

2.

Record Nr.

UNINA9910973079803321

Autore

Drori Israel

Titolo

Foreign workers in Israel : global perspectives / / Israel Drori

Pubbl/distr/stampa

Albany, : SUNY Press, c2009

ISBN

9780791477090

0791477096

9781441603715

1441603719

Edizione

[1st ed.]

Descrizione fisica

1 online resource (259 p.)

Collana

SUNY series in Israeli studies

Disciplina

331.6/2095694

Soggetti

Foreign workers - Israel

Foreign workers - Government policy - Israel

Foreign workers, Filipino - Israel

Foreign workers, Romanian - Israel

Foreign workers, Thai - Israel

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references (p. 215-233) and index.



Nota di contenuto

Introduction -- Labor migration in Israel: theoretical context -- The evolution of government policies and the migrant labor employment system -- Employment practices: the system of placement agencies -- Living and working as non-Israelis: Filipino caregivers -- Thai agricultural workers -- Rumanian construction workers -- Illegal labor migrants: life and work on the run -- Deportation -- The rhythm of policy and the employment system -- Labor migration policies and national identity.

Sommario/riassunto

In this account of a social experiment gone awry, Israel Drori exposes a little-known and recent phenomenon: the importation of foreign workers from Third World economies to Israel. Focusing on Romanian, Thai, and Filipina migrants brought to Israel for specified periods of employment, Drori examines the effect of migrants on Israeli society, particularly the issue of national identity. What began as a political corrective—avoiding the danger of hiring Palestinians to do work that Jewish Israelis would not—has developed into a social and economic problem the state does not know how to handle. In addition to examining the work experiences and social lives of these workers, Drori also situates the Israeli case within a global context, where many affluent nations have significant populations of marginalized, undocumented workers.