Author: Frederic S. Mishkin
Publisher: MIT Press
ISBN: 0262134829
Category : Monetary policy
Languages : en
Pages : 561
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Book Description
This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategydescribes his work over the last ten years, offering published papers, new introductory material, and a summing up, "Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask," which reflects on what we have learned about monetary policy over the last thirty years. Mishkin blends theory, econometric evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anch fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.
Author: Frederic S. Mishkin
Publisher: Pearson Education
ISBN: 9780321454225
Category : Banks and banking
Languages : en
Pages : 4
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Book Description
Economics of Money, Banking, and Financial Markets heralded a dramatic shift in the teaching of the money and banking course in its first edition, and today it is still setting the standard. By applying an analytical framework to the patient, stepped-out development of models, Frederic Mishkin draws students into a deeper understanding of modern monetary theory, banking, and policy. His landmark combination of common sense applications with current, real-world events provides authoritative, comprehensive coverage in an informal tone students appreciate.
Author: Frederic S. Mishkin
Publisher: Princeton University Press
ISBN: 1400829445
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
Many prominent critics regard the international financial system as the dark side of globalization, threatening disadvantaged nations near and far. But in The Next Great Globalization, eminent economist Frederic Mishkin argues the opposite: that financial globalization today is essential for poor nations to become rich. Mishkin argues that an effectively managed financial globalization promises benefits on the scale of the hugely successful trade and information globalizations of the nineteenth and twentieth centuries. This financial revolution can lift developing nations out of squalor and increase the wealth and stability of emerging and industrialized nations alike. By presenting an unprecedented picture of the potential benefits of financial globalization, and by showing in clear and hard-headed terms how these gains can be realized, Mishkin provides a hopeful vision of the next phase of globalization. Mishkin draws on historical examples to caution that mismanagement of financial globalization, often aided and abetted by rich elites, can wreak havoc in developing countries, but he uses these examples to demonstrate how better policies can help poor nations to open up their economies to the benefits of global investment. According to Mishkin, the international community must provide incentives for developing countries to establish effective property rights, banking regulations, accounting practices, and corporate governance--the institutions necessary to attract and manage global investment. And the West must be a partner in integrating the financial systems of rich and poor countries--to the benefit of both. The Next Great Globalization makes the case that finance will be a driving force in the twenty-first-century economy, and demonstrates how this force can and should be shaped to the benefit of all, especially the disadvantaged nations most in need of growth and prosperity.
Author: Frederic S. Mishkin
Publisher: University of Chicago Press
ISBN: 0226531929
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in variables. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.
Author: Maya Baker
Publisher:
ISBN: 9781947901056
Category :
Languages : en
Pages :
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Book Description
Can you imagine what it would be like to be born at a time when you and your parents face persecution and death? That¿s just what happened to Marguerite Lederman. Being born inBelgium to a Jewish family in 1941 meant that she and her entire family were in danger because the Nazis occupied Belgium. Just a year after Marguerite was born, her father was taken to Auschwitz concentration camp and murdered there.With the help of the Belgian resistance, Marguerite¿s mother was able to place Margueriteand her sister with a Catholic family for their protection. They remained with this family until just after the war ended. Because Marguerite was given a new identity, Nazi soldiers who visiteda café owned by the family didn¿t know she was Jewish, so they lavished their attention on little Marguerite while talking about their hatred for the Jews.Young author Maya Baker does a wonderful job telling Marguerite¿s story and conveyingher message for readers of all ages.
Author: Bernard Mishkin
Publisher:
ISBN:
Category : Indian warfare
Languages : en
Pages : 84
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Book Description
Author: Frederic S. Mishkin
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
Frederick Mishkin's work has been dedicated to understanding the relationship between money, interest rates and inflation. The 15 essays in this collection - unabashedly empirical and rigorous - include much of Professor Mishkin's most highly regarded work. Money, Interst Rates and Inflation offers a coherent and informative assessment of how monetary policy affects the economy. In addition, the essays in this collection illustrate how rational expectations econometrics can be used to answer basic questions in the monetary-macroeconomics and finance areas.
Author: Fred Feldman
Publisher: iUniverse
ISBN: 0595448933
Category : Fiction
Languages : en
Pages : 145
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Book Description
Mishkin's Paradise, Fred Feldman's play in two acts, is a striking drama of miscarried hope and the extremes of the American dream. It is a universal tale of family conflict and recovery. There is a little of the fallen hero, Leon Mishkin, in each and every one of us. Mishkin goes through life making hard choices that affect his business, family, and emotional well-being. He is recalled by his only son, Arnie, now a grown man, and the head of the business Leon so painstaking worked to build. Arnie returns to his birth place on the Lower East Side of New York to reconnect with his roots. What he finds is the reality of his difficult childhood experiences with a tough, hard-driving father and deceased mother, Esther. The lengths to which Leon goes to fulfill his career goals is evidenced by his cousin and building superintendent, Morris Lewis. Morris is the dark side of Leon's moon. He unlocks the secret of Leon Mishkin's questionable deals that doomed his family.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Electronic government information
Languages : en
Pages : 96
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Book Description
Author: Frederic S. Mishkin
Publisher: University of Chicago Press
ISBN: 0226531937
Category : Business & Economics
Languages : en
Pages : 379
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Book Description
Since banking systems play a crucial role in maintaining the overall health of the economy, the adverse effects of poorly supervised systems may be quite severe. Without some form of vigilant external oversight, banking systems could fall prey to excessive risk taking, moral hazard, and corruption. Prudential supervision provides that oversight, using government regulation and monitoring to ensure the soundness of the banking system and, by extension, the economy at large. The contributors to this thoughtful volume examine the current state of prudential supervision, focusing on fundamental issues and key pragmatic concerns. Why is prudential supervision so important? What kinds of excess must it guard against? What particular forms does it take? Which of these are the most effective deterrents against mismanagement and system overload in today's rapidly shifting financial climate? The contributors foresee a continued movement beyond simple regulatory rules in banking and toward a more active evaluation and supervision of a bank's risk management practices.
