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[null,"1.","Record Nr.",null,"UNINA9910455074703321"]
[null,null,"Autore",null,"Østrup Finn"]
[null,null,"Titolo",null,"Money and the natural rate of unemployment / / Finn Ostrup [[electronic resource]]"]
[null,null,"Pubbl/distr/stampa",null,"Cambridge : , : Cambridge University Press, , 2000"]
[null,null,"ISBN",null,"1-107-11813-1"]
[{"$nulls":4},"0-511-04871-8"]
[{"$nulls":4},"0-521-66139-0"]
[{"$nulls":4},"0-511-32831-1"]
[{"$nulls":4},"0-511-49250-2"]
[{"$nulls":4},"1-280-16208-2"]
[{"$nulls":4},"0-511-15430-5"]
[{"$nulls":4},"0-511-11801-5"]
[null,null,"Descrizione fisica",null,"1 online resource (viii, 308 pages) : digital, PDF file(s)"]
[null,null,"Disciplina",null,"331.13/7"]
[null,null,"Soggetti",null,"Unemployment - Effect of inflation on"]
[{"$nulls":4},"Monetary policy"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","Title from publisher's bibliographic system (viewed on 05 Oct 2015)."]
[null,null,null,"Nota di bibliografia","Includes bibliographical references (p. 285-303) and index."]
[null,null,"Nota di contenuto",null,"Introduction -- The literature -- The wage formation process -- Imperfect integration of securities markets -- Monopolistic competition in bank markets -- Utility from securities holdings -- Hysteresis effects from monetary policy -- The impact of inflation on bank earnings -- Centralised wage formation -- Fiscal policy -- Price stability goal -- Uncertainty concerning policy formation -- Policy uncertainty in a fixed-but-adjustable exchange rate regime -- The impact of uncertainty on wage setting -- Policy implications of monetary non-neutrality."]
[null,null,null,"Sommario/riassunto","The 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 "]
[{"$nulls":4},"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."]