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181   $ctxt$2rdacontent
182   $cc$2rdamedia
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200 10$aMoney and the natural rate of unemployment /$fFinn Ostrup$b[electronic resource]
210  1$aCambridge :$cCambridge University Press,$d2000.
215   $a1 online resource (viii, 308 pages) $cdigital, PDF file(s)
300   $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
311   $a0-521-66739-9 
311   $a0-511-01342-6 
320   $aIncludes bibliographical references (p. 285-303) and index.
327   $tIntroduction --$tThe literature --$tThe wage formation process --$tImperfect integration of securities markets --$tMonopolistic competition in bank markets --$tUtility from securities holdings --$tHysteresis effects from monetary policy --$tThe impact of inflation on bank earnings --$tCentralised wage formation --$tFiscal policy --$tPrice stability goal --$tUncertainty concerning policy formation --$tPolicy uncertainty in a fixed-but-adjustable exchange rate regime --$tThe impact of uncertainty on wage setting --$tPolicy implications of monetary non-neutrality.
330   $aThe prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechanisms, indicating that money affects long-term production. The consequent policy implications are also discussed, including: the uses of monetary policy and monetary regimes in achieving macroeconomic goals; the impact of an independent central bank; the effects of a movement from floating exchange rates to fixed exchange rates in a monetary union. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the current state of scholarship in this area. Designed as a textbook for advanced undergraduate and graduate students in macroeconomics, labour economics and finance, this book will also appeal to scholars and policy-makers.
517 3 $aMoney & the Natural Rate of Unemployment
606   $aUnemployment$xEffect of inflation on
606   $aMonetary policy
615  0$aUnemployment$xEffect of inflation on.
615  0$aMonetary policy.
676   $a331.13/7
700   $aØstrup$b Finn$0614005
801  0$bUkCbUP
801  1$bUkCbUP
906   $aBOOK
912   $a9910455074703321
996   $aMoney and the natural rate of unemployment$91129146
997   $aUNINA