Name: Monetary Policy Strategy (The mit Press)
SKU: 2737490
Price: 935.00 ZAR
Availability: InStock
Author: Frederic S. Mishkin
ISBN: 9780262513371

portada Monetary Policy Strategy (The mit Press)

Monetary Policy Strategy (The mit Press)

Type

Physical Book

Author

Frederic S. Mishkin

Publisher

Mit Pr

Year

2009

Language

English

Pages

560

Format

Paperback

ISBN

0262513374

ISBN13

9780262513371

Synopsis "Monetary Policy Strategy (The mit Press) "

A leading academic authority and policymaker discusses monetary policy strategy from the perspectives of both scholar and practitioner, offering theory, econometric evidence, and extensive case studies. This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering published papers, new introductory material, and a summing up, "Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask," which reflects on what we have learned about monetary policy over the last thirty years. Mishkin blends theory, econometric evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anchor; fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.

Frederic S. Mishkin

(Author)

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Frederic S. Mishkin (n. 1951, Estados Unidos) es un economista estadounidense especializado en economía monetaria, banca y mercados financieros. Es profesor de Economía en la Columbia University y una de las voces más influyentes en el estudio de la política monetaria y los sistemas financieros.

Obtuvo su doctorado en el Massachusetts Institute of Technology (MIT), donde fue alumno de destacados economistas. A lo largo de su carrera académica ha investigado temas como la inflación, la transmisión de la política monetaria, la estabilidad financiera y el papel de los bancos centrales en la prevención de crisis económicas.

Entre 2006 y 2008 fue miembro de la Junta de Gobernadores de la Federal Reserve, participando en decisiones clave durante el inicio de la crisis financiera global. Su experiencia en la Reserva Federal reforzó su prestigio como experto en regulación financiera y política macroeconómica.

Es autor de manuales ampliamente utilizados, como The Economics of Money, Banking, and Financial Markets, considerado un texto de referencia en universidades de todo el mundo. Su trabajo combina análisis teórico con aplicación práctica en el diseño de políticas económicas.

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