Handbook of monetary economics, Volume 3A / edited by Benjamin M. Friedman and Michael Woodford. - Amsterdam ; Boston : North-Holland/Elsevier, c2011. - 1 online resource (xxii, 650, I77 p.) - Handbooks in economics . - Handbooks in economics. .

Includes bibliographical references and indexes.

What tools are available for setting and analyzing monetary policy?

World-renowned contributors examine recent evidence on subjects as varied as price-setting, inflation persistence, the private sector's formation of inflation expectations, and the monetary policy transmission mechanism. Stopping short of advocating conclusions about the ideal conduct of policy, the authors focus instead on analytical methods and the changing interactions among the ingredients and properties that inform monetary models. The influences between economic performance and monetary policy regimes can be both grand and muted, and this volume clarifies the present state of this continually evolving relationship.

Explores the models and practices used in formulating and transmitting monetary policies
Raises new questions about the volume, price, and availability of credit in the 2007-2010 downturn
Questions fiscal-monetary connnections and encourages new thinking about the business cycle itself
Observes changes in the formulation of monetary policies over the last 25 years



9780080932705 0080932703 9780444532381


Money.
Monetary policy.
Business and Economics--Money & Monetary Policy.


Electronic books.

HG221 / .F75 2011

332.4