Tracked shipping to South Africa with premium packaging for just R199 

Ship to
South Africa
0
  • argentina
  • chile
  • colombia
  • españa
  • méxico
  • perú
  • estados unidos
  • internacional

Select your country

Americas

Europe

Rest of the world

portada Interest Rates, Prices and Liquidity: Lessons From the Financial Crisis (Macroeconomic Policy Making)
Type
Physical Book
Year
2015
Language
English
Pages
294
Format
Paperback
ISBN13
9781107480032
Categories

Interest Rates, Prices and Liquidity: Lessons From the Financial Crisis (Macroeconomic Policy Making)

Jagjit S. Chadha (Author) · Cambridge University Press · Paperback

Interest Rates, Prices and Liquidity: Lessons From the Financial Crisis (Macroeconomic Policy Making) - Jagjit S. Chadha

New Book Imported to South Africa
Delivery: 06 Oct - 14 Oct Shipping: 5 to 6 business days.
R 1,162
R 1,162

Synopsis "Interest Rates, Prices and Liquidity: Lessons From the Financial Crisis (Macroeconomic Policy Making) "

Many of the assumptions that underpin mainstream macroeconomic models have been challenged as a result of the traumatic events of the recent financial crisis. Thus, until recently, it was widely agreed that although the stock of money had a role to play, in practice it could be ignored as long as we used short-term nominal interest rates as the instrument of policy because money and other credit markets would clear at the given policy rate. However, very early on in the financial crisis interest rates effectively hit zero percent and so central banks had to resort to a wholly new set of largely untested instruments to restore order, including quantitative easing and the purchase of toxic financial assets. This book brings together contributions from economists working in academia, financial markets and central banks to assess the effectiveness of these policy instruments and explore what lessons have so far been learned.

Customers reviews

Frequently Asked Questions about the Book

All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews