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Financial Innovation, Efficiency and Disequilibrium: Problems of Monetary Management in the United Kingdom, 1971-81 - Tapa dura

Spencer, Peter D.

 
9780198285120: Financial Innovation, Efficiency and Disequilibrium: Problems of Monetary Management in the United Kingdom, 1971-81

Sinopsis

Monetary control has assumed increasing importance in Great Britain as inflationary pressures have intensified and other counter-inflation policies have collapsed. This book is the first complete exposition of the basic Treasury econometric model that was developed for financial cial forecasting and policy analysis. In it, the co-author of the model reviews Britain's experience and analyzes some of the problems that confronted the authorities in their attempts to restrain monetary grown between 1971 and 1981.

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Reseña del editor

Monetary control has assumed increasing importance in Great Britain as inflationary pressures have intensified and other counter-inflation policies have collapsed. This book is the first complete exposition of the basic Treasury econometric model that was developed for financial cial forecasting and policy analysis. In it, the co-author of the model reviews Britain's experience and analyzes some of the problems that confronted the authorities in their attempts to restrain monetary grown between 1971 and 1981.

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