Foto 1 di 1
Galleria
Foto 1 di 1
Interest and Prices: Foundations of a Theory of Monetary Policy. Woodford**
GBP 97,97
CircaEUR 116,52
Condizione:
Nuovo
Libro nuovo, intatto e non letto, in perfette condizioni, senza pagine mancanti o danneggiate. Per maggiori dettagli, consulta l'inserzione del venditore.
2 disponibili
- Compralo SubitoInterest and Prices: Foundations of a Theory of Monetary Policy. Woodford**
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
Spedizione:
La spedizione in Stati Uniti potrebbe non essere disponibile. Per le opzioni di spedizione leggi la descrizione dell'oggetto oppure contatta il venditore.
Oggetto che si trova a: South East, Regno Unito
Consegna:
Varia
Restituzioni:
Restituzioni entro 30 giorni. Le spese di spedizione del reso sono a carico dell'acquirente..
Pagamenti:
Fai shopping in tutta sicurezza
Il venditore si assume la piena responsabilità della messa in vendita dell'oggetto.
Numero oggetto eBay:126064478211
Specifiche dell'oggetto
- Condizione
- PublishedOn
- 2003-09-07
- Title
- Interest and Prices: Foundations of a Theory of Monetary Policy
- Artist
- Not Specified
- ISBN
- 9780691010496
Informazioni su questo prodotto
Product Information
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.
Product Identifiers
Publisher
Princeton University Press
ISBN-13
9780691010496
eBay Product ID (ePID)
90931722
Product Key Features
Number of Pages
808 Pages
Language
English
Publication Name
Interest and Prices: Foundations of a Theory of Monetary Policy
Publication Year
2003
Subject
Economics
Type
Textbook
Format
Hardcover
Dimensions
Item Height
235 mm
Item Weight
1247 g
Item Width
152 mm
Additional Product Features
Country/Region of Manufacture
United States
Descrizione dell'oggetto fatta dal venditore
Informazioni sul venditore professionale
Partita IVA: GB 724498118
CRN: 03800600
Informazioni su sicurezza e accessibilità
Informazioni su questo venditore
baham_books
99,4% di Feedback positivi•10,5 milioni oggetti venduti
Registrato come venditore professionale
Feedback sul venditore (3.382.593)
- r***e (2763)- Feedback lasciato dall'acquirente.Ultimi 6 mesiAcquisto verificato2nd of 2-book order: Used book in great condition as described, excellent value, postage included. Safely packaged, very promptly dispatched and early delivery via Royal Mail Tracked: 3 days purchase-to-delivery so thanks for using RMail ~ I always recommend them. Am very pleased with my purchase and happy to recommend this seller. Buy with confidence! Many thanks and best wishes, CJ.Illustrated Guide to Birds of Britain & Europe (British Trust for Ornithology) (N° 303576326790)
- l***r (718)- Feedback lasciato dall'acquirente.Ultimi 6 mesiAcquisto verificatoThe book unfortunately went to a different address due to the Post workers. Great communication from seller when I contacted them to say it hadn’t arrived. Thankfully it turned up a few days later. Item was packaged well. Good value. Item as described.
- n***s (1822)- Feedback lasciato dall'acquirente.Ultimi 6 mesiAcquisto verificatoThe item was said to be in very good condition? When it arrived and i opened the package the front cover and front page had what looked like coffie stains split over it. Sent message to seller. And they gave me a full refund . With no questions asked. Really good seller.