Monetary Policy

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Insightful guide to modern monetary policy mechanisms.

If you're tackling the intricacies of economics, especially interested in how central banks like the Federal Reserve impact our lives, this book offers a thorough exploration. It dives into contemporary monetary policy with a focus on the transmission mechanism, clearly discussing complex concepts. Plus, with its relevance to recent economic events like the credit crunch, it feels as current as it is educational.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Monetary Policy

Regular price $26.90
Unit price
per
Compare to estimated retail price: S$78.34  
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ISBN: 9780470019092
Authors: John Fender
Publisher: Wiley
Date of Publication: 2012-03-05
Format: Paperback
Related Collections: Economics, Business, Politics
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Description

Designed for advanced undergraduates in economics, this text provides an up-to-date analysis of the practice and theory of monetary policy and discusses key models that tie in with contemporary research and policy. The transmission mechanism of monetary policy is given particular emphasis and the book discusses the behaviour of a number of central banks, in particular the Bank of England, the European Central Bank and the Federal Reserve. The worldwide credit crunch and subsequent recession and non-conventional monetary policies such as quantitative easing are also given extensive treatment. There are also chapters on a wide variety of topics such as consumption, investment, money demand and money supply, nominal rigidities, inflation and unemployment, time inconsistency and central bank independence, the social costs of inflation, the role of financial intermediaries, monetary policy in an open economy, the term structure of interest rates, the stock market, the housing market and fiscal policy.
 

Insightful guide to modern monetary policy mechanisms.

If you're tackling the intricacies of economics, especially interested in how central banks like the Federal Reserve impact our lives, this book offers a thorough exploration. It dives into contemporary monetary policy with a focus on the transmission mechanism, clearly discussing complex concepts. Plus, with its relevance to recent economic events like the credit crunch, it feels as current as it is educational.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.