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Exploring the evolution of monetary policy, the book focuses on inflation targeting as a modern strategy for fostering economic health. It contrasts traditional methods like money supply control with the innovative approach of publicly setting inflation goals. Through theoretical insights and empirical case studies from countries that have implemented this strategy, the authors demonstrate its advantages over conventional policies. They advocate for the U.S. Federal Reserve and the European Central Bank to adopt inflation targeting, offering concrete proposals for its implementation.
Nákup knihy
Inflation Targeting, Ben S. Bernanke, Thomas Laubach, Frederic S. Mishkin
- Jazyk
- Rok vydania
- 2001
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- Titul
- Inflation Targeting
- Podtitul
- Lessons from the International Experience
- Jazyk
- anglicky
- Vydavateľ
- Princeton University Press
- Rok vydania
- 2001
- Väzba
- mäkká
- Počet strán
- 394
- ISBN13
- 9780691086897
- Kategórie
- Podnikanie a ekonómia
- Anotácia
- Exploring the evolution of monetary policy, the book focuses on inflation targeting as a modern strategy for fostering economic health. It contrasts traditional methods like money supply control with the innovative approach of publicly setting inflation goals. Through theoretical insights and empirical case studies from countries that have implemented this strategy, the authors demonstrate its advantages over conventional policies. They advocate for the U.S. Federal Reserve and the European Central Bank to adopt inflation targeting, offering concrete proposals for its implementation.