Essays on Monetary Policy, Disinflation and Deflation

Essays on Monetary Policy, Disinflation and Deflation PDF Author: Daniel Leigh
Publisher:
ISBN:
Category : Deflation (Finance)
Languages : en
Pages : 142

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Book Description

Essays on Monetary Policy, Disinflation and Deflation

Essays on Monetary Policy, Disinflation and Deflation PDF Author: Daniel Leigh
Publisher:
ISBN:
Category : Deflation (Finance)
Languages : en
Pages : 142

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Book Description


Essays in Contemporary Economic Problems

Essays in Contemporary Economic Problems PDF Author: William Fellner
Publisher: Washington, D.C. : American Enterprise Institute
ISBN:
Category : Deflation (Finance)
Languages : en
Pages : 346

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Book Description
Essays on disinflationary monetary policy of the USA - focuses on resource allocation financial markets, the public debt, capital flow, exchange rates, monetary relations, liquidity, housing and labour markets, and labour relations effects. Graphs, references and statistical tables.

Essays in Contemporary Economic Problems

Essays in Contemporary Economic Problems PDF Author: William Fellner
Publisher: Washington : American Enterprise Institute
ISBN:
Category : Demand (Economic theory).
Languages : en
Pages : 372

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Book Description
Monographic compilation of essays on economic policy alternatives in the contemporary inflationary era, with partic. Reference to the USA and other OECD countries - examines monetary policy, the role of the US Government in managing economics and politics, analyses the price of gold, productivity trends, agricultural policy in planned economies, economic implications of population growth, and the cost of social security, includes recommendations on the reform of US refugee and immigration policies, etc. Graphs, references and statistical tables.

Essays on Inflation and Monetary Policy

Essays on Inflation and Monetary Policy PDF Author: Junhan Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 85

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Book Description


Japanese Monetary Policy

Japanese Monetary Policy PDF Author: Kenneth J. Singleton
Publisher: University of Chicago Press
ISBN: 0226760685
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
How has the Bank of Japan (BOJ) helped shape Japan's economic growth during the past two decades? This book comprehensively explores the relations between financial market liberalization and BOJ policies and examines the ways in which these policies promoted economic growth in the 1980s. The authors argue that the structure of Japan's financial markets, particularly restrictions on money-market transactions and the key role of commercial banks in financing corporate investments, allowed the BOJ to influence Japan's economic success. The first two chapters provide the most in-depth English-language discussion of the BOJ's operating procedures and policymaker's views about how BOJ actions affect the Japanese business cycle. Chapter three explores the impact of the BOJ's distinctive window guidance policy on corporate investment, while chapter four looks at how monetary policy affects the term structure of interest rates in Japan. The final two chapters examine the overall effect of monetary policy on real aggregate economic activity. This volume will prove invaluable not only to economists interested in the technical operating procedures of the BOJ, but also to those interested in the Japanese economy and in the operation and outcome of monetary reform in general.

Understanding the Costs of Deflation in the Japanese Context

Understanding the Costs of Deflation in the Japanese Context PDF Author: Mr.Taimur Baig
Publisher: International Monetary Fund
ISBN: 1451875061
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
This paper examines the cost of deflation in the context of Japan's ongoing deflationary episode. The impact of deflation owing to the zero interest rate bound on monetary policy, wage rigidity, redistribution of wealth from debtor to creditor, and inflexibilities in the financial sector are examined. It is seen that the generalized decline in the Japanese price level, however gradual or mild, has substantially exacerbated the economy's adjustment process under already difficult economic conditions.

Monetary Policy Rules

Monetary Policy Rules PDF Author: John B. Taylor
Publisher: University of Chicago Press
ISBN: 0226791262
Category : Business & Economics
Languages : en
Pages : 460

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Book Description
This timely volume presents the latest thinking on the monetary policy rules and seeks to determine just what types of rules and policy guidelines function best. A unique cooperative research effort that allowed contributors to evaluate different policy rules using their own specific approaches, this collection presents their striking findings on the potential response of interest rates to an array of variables, including alterations in the rates of inflation, unemployment, and exchange. Monetary Policy Rules illustrates that simple policy rules are more robust and more efficient than complex rules with multiple variables. A state-of-the-art appraisal of the fundamental issues facing the Federal Reserve Board and other central banks, Monetary Policy Rules is essential reading for economic analysts and policymakers alike.

Coordination of Monetary and Fiscal Policies

Coordination of Monetary and Fiscal Policies PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451844239
Category : Business & Economics
Languages : en
Pages : 33

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Book Description
Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.

Monetary Policy Alternatives at the Zero Bound

Monetary Policy Alternatives at the Zero Bound PDF Author: Ben S. Bernanke
Publisher: www.bnpublishing.com
ISBN: 9781607961055
Category :
Languages : en
Pages : 0

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Book Description
The success over the years in reducing inflation and, consequently, the average level of nominal interest rates has increased the likelihood that the nominal policy interest rate may become constrained by the zero lower bound. When that happens, a central bank can no longer stimulate aggregate demand by further interest-rate reductions and must rely on "non-standard" policy alternatives. To assess the potential effectiveness of such policies, we analyze the behavior of selected asset prices over short periods surrounding central bank statements or other types of financial or economic news and estimate "noarbitrage" models of the term structure for the United States and Japan. There is some evidence that central bank communications can help to shape public expectations of future policy actions and that asset purchases in large volume by a central bank would be able to affect the price or yield of the targeted asset.

Value and Crisis: Essays on Labour, Money and Contemporary Capitalism

Value and Crisis: Essays on Labour, Money and Contemporary Capitalism PDF Author: Alfredo Saad Filho
Publisher: BRILL
ISBN: 900439320X
Category : Business & Economics
Languages : en
Pages : 373

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Book Description
Value and Crisis brings together selected essays written by Alfredo Saad-Filho. This book examines the labour theory of value and its implications for the nature of neoliberalism, financialisation, inflation, monetary policy, and the crises of contemporary capitalism.