Udvidet returret til d. 31. januar 2025

Towards the Next Revolution in Central Banking

- A Radical Framework for Monetary Policy

Bag om Towards the Next Revolution in Central Banking

This book critically explores past and present principles of central banking, and outlines a new framework for future stabilization policy. Through compact and concise chapters, it demonstrates why a constant long-term interest rate would be the most beneficial target for monetary policy to follow. A novel set of policy tools and institutional arrangements suitable to reliably meet this target are developed. It is argued that the proposed framework would be clearly superior to conventional policies in preventing financial market crises, maintaining high employment, and keeping the economy at or near potential. The merits and shortcomings of alternative theories such as Modern Monetary Theory are also discussed. This book will be relevant to researchers and policymakers as well as professional investors, analysts, and commentators of financial markets and the economy at large.

Vis mere
  • Sprog:
  • Engelsk
  • ISBN:
  • 9783030857653
  • Indbinding:
  • Hardback
  • Sideantal:
  • 75
  • Udgivet:
  • 29. oktober 2021
  • Udgave:
  • 12021
  • Størrelse:
  • 148x210x10 mm.
  • Vægt:
  • 272 g.
  • BLACK WEEK
  Gratis fragt
Leveringstid: 8-11 hverdage
Forventet levering: 9. december 2024

Beskrivelse af Towards the Next Revolution in Central Banking

This book critically explores past and present principles of central banking, and outlines a new framework for future stabilization policy. Through compact and concise chapters, it demonstrates why a constant long-term interest rate would be the most beneficial target for monetary policy to follow. A novel set of policy tools and institutional arrangements suitable to reliably meet this target are developed.
It is argued that the proposed framework would be clearly superior to conventional policies in preventing financial market crises, maintaining high employment, and keeping the economy at or near potential. The merits and shortcomings of alternative theories such as Modern Monetary Theory are also discussed.
This book will be relevant to researchers and policymakers as well as professional investors, analysts, and commentators of financial markets and the economy at large.

Brugerbedømmelser af Towards the Next Revolution in Central Banking



Find lignende bøger
Bogen Towards the Next Revolution in Central Banking findes i følgende kategorier:

Gør som tusindvis af andre bogelskere

Tilmeld dig nyhedsbrevet og få gode tilbud og inspiration til din næste læsning.