Cochrane, John H.

Strategies for Monetary Policy

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ISBN 13:: 9780817923747
author:: Cochrane, John H.
format:: Hardback
publisher:: Hoover Institution Press,U.S.
language:: English
Publication Year:: 2020
Pages:: 416
Dimensions:: 21.6 x 14 centimetres (0.82 kg)
Genre:: Business, Economics, Macroeconomics,
Condition:: New
Availability:: Item usually sent within 20 working days

£15.01

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Description

Description

Strategies for Monetary Policy by John Howland Cochrane and John B. Taylor offers expert insights into the tools and instruments used by the Federal Reserve to achieve its dual-mandate goals of maximum employment and price stability. Drawing from the 2019 Monetary Policy Conference at the Hoover Institution, this timely volume examines key policy issues and reviews various monetary strategies in practice. The contributors discuss central bank inflation-targeting policies, the effects of rules on Fed policy-making, and the challenges of achieving the Fed's 2 percent inflation objective. They also explore potential options for enhancing the policy approach, including nominal GDP targeting to improve the functioning of financial markets. This book provides a comprehensive analysis of monetary policy tools and their interaction with financial markets, making it a valuable resource for those interested in understanding the complexities of US monetary policy.

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