Monetary Policy Rule in Theory and Practice

Monetary Policy Rule in Theory and Practice
Author :
Publisher :
Total Pages : 0
Release :
ISBN-10 : 1138901857
ISBN-13 : 9781138901858
Rating : 4/5 (57 Downloads)

Book Synopsis Monetary Policy Rule in Theory and Practice by : Nicolas Barbaroux

Download or read book Monetary Policy Rule in Theory and Practice written by Nicolas Barbaroux and published by . This book was released on 2015-02-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume sheds new light on current monetary issues, in particular the debate on monetary policy making, by blending theoretical economic analysis, history of economics, and historical case studies. A discretionary monetary policy refers to cases in which the central bank is free to change its policy actions or key instruments when the need arises, whilst a monetary policy rule can be defined as a commitment from (independent) central banks to reach one or several objective(s) by way of systematic policy actions. This book uses case studies from France and Sweden, and places them in the context of Keynes' argument from his 1923 'Tract on Monetary Reforms', to support the argument that the use of discretionary practices within a monetary policy rule (such as in the Gold Standard era) is the best approach. This book takes an innovative approach in combining a theoretical analysis (mainly the work of New Neoclassical Synthesis throughout Woodford's model) a history of economic thought analysis (based on the monetary works from Wicksell, Cassel and Keynes) and an historical study of central bank practices both in France (based on Bank of France archives materials) and in Sweden. The final section of the book explores the debate on monetary policy rule in light of the 2008 financial crisis. As such, the book provides a unique synthesis that will be of interest not only to scholars of history of economic thought and economic theory, but also to anyone with an interest in monetary economics and contemporary monetary policy.


Monetary Policy Rule in Theory and Practice Related Books

Monetary Policy Rule in Theory and Practice
Language: en
Pages: 0
Authors: Nicolas Barbaroux
Categories: Monetary policy
Type: BOOK - Published: 2015-02-27 - Publisher:

DOWNLOAD EBOOK

This new volume sheds new light on current monetary issues, in particular the debate on monetary policy making, by blending theoretical economic analysis, histo
Money: Theory and Practice
Language: en
Pages: 412
Authors: Jin Cao
Categories: Business & Economics
Type: BOOK - Published: 2019-12-07 - Publisher: Springer Nature

DOWNLOAD EBOOK

This textbook provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial cris
Economic Policy
Language: en
Pages: 705
Authors: Agnès Bénassy-Quéré
Categories: Business & Economics
Type: BOOK - Published: 2018 - Publisher:

DOWNLOAD EBOOK

Concepts -- Issues -- Interdependence -- Fiscal policy -- Monetary policy -- Financial stability -- International financial integration and foreign-exchange pol
Monetary Policy Rules
Language: en
Pages: 460
Authors: John B. Taylor
Categories: Business & Economics
Type: BOOK - Published: 2007-12-01 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

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
Monetary Policy Rule in Theory and Practice
Language: en
Pages: 280
Authors: Nicolas Barbaroux
Categories: Business & Economics
Type: BOOK - Published: 2013-08-21 - Publisher: Routledge

DOWNLOAD EBOOK

This new volume sheds new light on current monetary issues, in particular the debate on monetary policy making, by blending theoretical economic analysis, histo