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024 7 $a10.1007/978-3-030-05078-8
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035   $a(DE-He213)978-3-030-05078-8
035   $a(EXLCZ)994100000007746669
100   $a20190226d2019      u|         0
101 0 $aeng
135   $aurcnu||||||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aInflation Targeting and Financial Stability $eMonetary Policy Challenges for the Future /$fby Michael Heise
205   $a1st ed. 2019.
210  1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2019.
215   $a1 online resource (119 pages)
311   $a3-030-05077-7 
327   $a1 Introduction -- 2 Some Reflections on the Secular Decline of Interest Rates -- 3 Uncertainties About the Monetary Transmission Mechanism -- 4 Side Effects of Monetary Accomodation -- 5 Towards a Monetary Policy Fit for the Future -- 6 Conclusion.
330   $aSince the financial crisis of 2008/09, the world?s major central banks have been struggling to return their economies to higher growth and to reach their inflation targets. This concise book analyzes the importance of central bank policies for the economy, and specifically investigates the reasons why they have failed to steer inflation as desired. The author, the Chief Economist at Allianz SE, argues that, in an environment of great uncertainty concerning the pass-through of monetary stimulus to the economy, central banks should not focus too narrowly on inflation targets, but should increasingly take the side effects of their actions into account. In particular, he contends that they must seek to minimize the risk of financial booms and busts in order to maximize long-term growth and prosperity. Building on existing research and contributing to the current debate, the book offers a valuable reference guide and food for thought for policymakers, professionals and students alike.
606   $aMacroeconomics
606   $aCapital market
606   $aEuropean Economic Community literature
606   $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000
606   $aCapital Markets$3https://scigraph.springernature.com/ontologies/product-market-codes/616000
606   $aEuropean Integration$3https://scigraph.springernature.com/ontologies/product-market-codes/W33010
615  0$aMacroeconomics.
615  0$aCapital market.
615  0$aEuropean Economic Community literature.
615 14$aMacroeconomics/Monetary Economics//Financial Economics.
615 24$aCapital Markets.
615 24$aEuropean Integration.
676   $a332.46
700   $aHeise$b Michael$4aut$4http://id.loc.gov/vocabulary/relators/aut$0606859
906   $aBOOK
912   $a9910337674203321
996   $aInflation Targeting and Financial Stability$91951188
997   $aUNINA