Interest and Prices: Foundations of a Theory of Monetary Policy

4,3 valoración promedio
( 10 valoraciones por GoodReads )
 
9780691010496: Interest and Prices: Foundations of a Theory of Monetary Policy
Review:


Winner of the 2003 Award for Best Professional/Scholarly Book in Economics, Association of American Publishers

From the Publisher:


With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure "fiat" currencies be managed so as to create confidence in the stability of national units of account?



Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a world, effective monetary policy requires that central banks construct a conscious and articulate account of what they are doing. Michael Woodford reexamines the foundations of monetary economics, and shows how interest-rate policy can be used to achieve an inflation target in the absence of either commodity backing or control of a monetary aggregate.


The book further shows how the tools of modern macroeconomic theory can be used to design an optimal inflation-targeting regime--one that balances stabilization goals with the pursuit of price stability in a way that is grounded in an explicit welfare analysis, and that takes account of the "New Classical" critique of traditional policy evaluation exercises. It thus argues that rule-based policymaking need not mean adherence to a rigid framework unrelated to stabilization objectives for the sake of credibility, while at the same time showing the advantages of rule-based over purely discretionary policymaking.


"Sobre este título" puede pertenecer a otra edición de este libro.

Los mejores resultados en AbeBooks

1.

Woodford, Michael
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Tapa dura Cantidad: 1
Librería
Grand Eagle Retail
(Wilmington, DE, Estados Unidos de America)
Valoración
[?]

Descripción 2003. Hardcover. Estado de conservación: New. 162mm x 49mm x 241mm. Hardcover. With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 808 pages. 1.300. Nº de ref. de la librería 9780691010496

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 66,93
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

2.

Woodford, Michael
Editorial: Princeton University Press (2003)
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Tapa dura Cantidad: 1
Librería
Book Deals
(Lewiston, NY, Estados Unidos de America)
Valoración
[?]

Descripción Princeton University Press, 2003. Estado de conservación: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: This book is a masterpiece. Michael Woodford provides a lucid dynamic synthesis of two schools of thought--Monetarism versus New Keynesianism--that have recently been the subject of a remarkable convergence of thinking among macroeconomists. Nº de ref. de la librería ABE_book_new_0691010498

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 82,63
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

3.

Woodford, Michael
Editorial: Princeton University Press (2003)
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Cantidad: > 20
Librería
Books2Anywhere
(Fairford, GLOS, Reino Unido)
Valoración
[?]

Descripción Princeton University Press, 2003. HRD. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería WP-9780691010496

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 72,39
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 10,47
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

4.

Woodford, Michael
Editorial: Princeton University Press, United States (2003)
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Tapa dura Cantidad: 10
Librería
The Book Depository US
(London, Reino Unido)
Valoración
[?]

Descripción Princeton University Press, United States, 2003. Hardback. Estado de conservación: New. 234 x 166 mm. Language: English . Brand New Book. With the collapse of the Bretton Woods system, any pretense of a connection of the world s currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure fiat currencies be managed so as to create confidence in the stability of national units of account? Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a world, effective monetary policy requires that central banks construct a conscious and articulate account of what they are doing. Michael Woodford reexamines the foundations of monetary economics, and shows how interest-rate policy can be used to achieve an inflation target in the absence of either commodity backing or control of a monetary aggregate. The book further shows how the tools of modern macroeconomic theory can be used to design an optimal inflation-targeting regime--one that balances stabilization goals with the pursuit of price stability in a way that is grounded in an explicit welfare analysis, and that takes account of the New Classical critique of traditional policy evaluation exercises. It thus argues that rule-based policymaking need not mean adherence to a rigid framework unrelated to stabilization objectives for the sake of credibility, while at the same time showing the advantages of rule-based over purely discretionary policymaking. Nº de ref. de la librería AAZ9780691010496

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 88,15
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

5.

Woodford, Michael
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Cantidad: 3
Librería
Speedy Hen LLC
(Sunrise, FL, Estados Unidos de America)
Valoración
[?]

Descripción Estado de conservación: New. Bookseller Inventory # ST0691010498. Nº de ref. de la librería ST0691010498

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 88,35
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

6.

Woodford, Michael
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Tapa dura Cantidad: 1
Librería
AussieBookSeller
(SILVERWATER, NSW, Australia)
Valoración
[?]

Descripción 2003. Hardcover. Estado de conservación: New. 162mm x 49mm x 241mm. Hardcover. With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most .Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. 808 pages. 1.300. Nº de ref. de la librería 9780691010496

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 62,79
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 26,02
De Australia a Estados Unidos de America
Destinos, gastos y plazos de envío

7.

Woodford, Michael
Editorial: Princeton University Press, United States (2003)
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Tapa dura Cantidad: 10
Librería
The Book Depository
(London, Reino Unido)
Valoración
[?]

Descripción Princeton University Press, United States, 2003. Hardback. Estado de conservación: New. 234 x 166 mm. Language: English . Brand New Book. With the collapse of the Bretton Woods system, any pretense of a connection of the world s currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure fiat currencies be managed so as to create confidence in the stability of national units of account? Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a world, effective monetary policy requires that central banks construct a conscious and articulate account of what they are doing. Michael Woodford reexamines the foundations of monetary economics, and shows how interest-rate policy can be used to achieve an inflation target in the absence of either commodity backing or control of a monetary aggregate. The book further shows how the tools of modern macroeconomic theory can be used to design an optimal inflation-targeting regime--one that balances stabilization goals with the pursuit of price stability in a way that is grounded in an explicit welfare analysis, and that takes account of the New Classical critique of traditional policy evaluation exercises. It thus argues that rule-based policymaking need not mean adherence to a rigid framework unrelated to stabilization objectives for the sake of credibility, while at the same time showing the advantages of rule-based over purely discretionary policymaking. Nº de ref. de la librería AAZ9780691010496

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 89,66
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

8.

Woodford, Michael
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Tapa dura Cantidad: 1
Librería
CitiRetail
(Lowfield Heath, Reino Unido)
Valoración
[?]

Descripción 2003. Hardcover. Estado de conservación: New. 162mm x 49mm x 241mm. Hardcover. With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have aban.Shipping may be from our UK, US or Australian warehouse depending on stock availability. 808 pages. 1.300. Nº de ref. de la librería 9780691010496

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 74,88
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 15,12
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

9.

Woodford, Michael
Editorial: Princeton University Press 2003-08-18, New Jersey (2003)
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Tapa dura Cantidad: 5
Librería
Blackwell's
(Oxford, OX, Reino Unido)
Valoración
[?]

Descripción Princeton University Press 2003-08-18, New Jersey, 2003. hardback. Estado de conservación: New. Nº de ref. de la librería 9780691010496

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 87,02
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 5,23
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

10.

Woodford, Michael
Editorial: Princeton University Press 2003-09-07 (2003)
ISBN 10: 0691010498 ISBN 13: 9780691010496
Nuevos Cantidad: 5
Librería
Chiron Media
(Wallingford, Reino Unido)
Valoración
[?]

Descripción Princeton University Press 2003-09-07, 2003. Estado de conservación: New. Brand new book, sourced directly from publisher. Dispatch time is 24-48 hours from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Nº de ref. de la librería NU-GRD-05125062

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 90,04
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,48
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

Existen otras copia(s) de este libro

Ver todos los resultados de su búsqueda