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_d803
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008 210317b ||||| |||| 00| 0 eng d
020 _a9780444534545
082 _a332.4
_bFRI
245 _aHandbook of monetary economics: vol 3B
260 _bNorth Holland
_aAmsterdam
_c2011
300 _aVarious pages
365 _aUSD
_b170.00
520 _aDescription What are the goals of monetary policy and how are they transmitted? Top scholars summarize recent evidence on the roles of money in the economy, the effects of information, and the growing importance of nonbank financial institutions. Their investigations lead to questions about standard presumptions about the rationality of asset markets and renewed interest in fiscal-monetary connections. Stopping short of advocating conclusions about the ideal conduct of policy, the authors focus instead on analytical methods and the changing interactions among the ingredients and properties that inform monetary models. The influences between economic performance and monetary policy regimes can be both grand and muted, and this volume clarifies the present state of this continually evolving relationship. Key Features Presents extensive coverage of monetary policy theories with an eye toward questions raised by the recent financial crisis Explores the ingredients, properties, and implications of models that inform monetary policy Observes changes in the formulation of monetary policies over the last 25 years
650 _aMonetary policy
_92120
650 _aMoney
_92121
700 _aFriedman, Benjamin M.
_92119
700 _aWoodford, Michael
_92118
942 _2ddc
_cBK