The High Price of Money: An Interpretation of World Interest Rates - Couverture rigide

Ciocca, Pierluigi

Couverture rigide

ISBN 10 : 0198289499 ISBN 13 : 9780198289494

Editeur : Clarendon Press, 1996

Synopsis

The argument of this monograph is that, contrary to prevailing opinion, high interest rates are not a fact of economic life. The authors argue that this is a conventional assumption rooted in the expectations of financial markets. World economic evidence from the last 20 years indicates that conscious policies are, in fact, capable of altering interest rates in the short term, without heavy costs. Such policies must be devised and pursued if we are to come out of recession.

Détails de l'édition

• Éditeur: Clarendon Press
• Date d'édition: 1996
• Langue: anglais
• ISBN 10: 0198289499
• ISBN 13: 9780198289494
• Reliure: Relié
• Nombre de pages: 203
• Coordonnées du fabricant: non disponible
• Personne responsable: Ufficio Anagrafiche Messaggerie; ufficio.anagrafiche@meli.it; ; Via Verdi, 8; Assago Milano; 20090; Italie