John Fender

Monetary Policy

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ISBN 13:: 9780470019092
author:: John Fender
format:: Paperback
publisher:: John Wiley & Sons
language:: English
Publication Year:: 2012
Pages:: 246
Dimensions:: 16.8 x 1.4 x 24.2 cm
Genre:: Business, Finance & Law, Economics, Macroeconomics
Condition:: New
Availability:: Item usually sent within 10 working days

£51.15

Current Stock: 5

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Description

Description

This comprehensive textbook provides an in-depth analysis of monetary policy and its practice and theory. Advanced undergraduates in economics will find it an invaluable resource for understanding contemporary research and policy.

The book delves into the transmission mechanism of monetary policy, examining the behaviour of key central banks such as the Bank of England, European Central Bank, and Federal Reserve. It also explores non-conventional monetary policies, including quantitative easing, in response to the worldwide credit crunch and subsequent recession.

Additional topics covered include consumption, investment, money demand and supply, nominal rigidities, inflation, unemployment, time inconsistency, central bank independence, social costs of inflation, financial intermediaries, monetary policy in an open economy, interest rates, the stock market, the housing market, and fiscal policy.

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