Learning from the World's Best Central Bankers: Principles and Policies for Subduing Inflation - Couverture souple

Ulan, Michael K.; Von Furstenberg, George M.

9780792383048: Learning from the World's Best Central Bankers: Principles and Policies for Subduing Inflation

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ISBN 10 : 0792383044 ISBN 13 : 9780792383048

Editeur : Springer, 2008

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BURTON G. MALKIEL Chemical Bank Chairman's Professor of Economics Princeton University Central bankers have often believed that they are the Rodney Dangerfields of public officials-they seldom receive respect from the public or from elected officials. Particularly in the days of high infla- tion and substantial unemployment, they were held responsible for everything that ailed the world's economies. And monetarists often suggested that nations would be far better off if central bankers were replaced by robots who would do nothing more than ensure that the money supply was increased at a fixed percent each year. Our views have changed considerably over the past two decades. The main reason is that, thanks in substantial part to the efforts of central bankers, inflation has generally been contained. With the re- duction in inflation and the recent relative stability of price levels in most developed nations, risk premiums have tended to decline sharply. Moreover, unemployment rates, at least in the Western Hemisphere, have decreased substantially. Finally, even many economists who con- sider themselves monetarists now tend to be less certain of the stabil- ity of the link between the money supply and economic activity. Thus, there is greater appreciation of the critical role of judgment in the conduct of monetary policy and a general belief that the judgments central bankers have made have generally been sound.

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�diteur: Springer
Date d'�dition: 2008
Langue: anglais
ISBN 10: 0792383044
ISBN 13: 9780792383048
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Nombre de pages: 276
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Learning from the World�s Best Central Bankers

Michael K. Ulan

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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -BURTON G. MALKIEL Chemical Bank Chairman's Professor of Economics Princeton University Central bankers have often believed that they are the Rodney Dangerfields of public officials-they seldom receive respect from the public or from elected officials. Particularly in the days of high infla tion and substantial unemployment, they were held responsible for everything that ailed the world's economies. And monetarists often suggested that nations would be far better off if central bankers were replaced by robots who would do nothing more than ensure that the money supply was increased at a fixed percent each year. Our views have changed considerably over the past two decades. The main reason is that, thanks in substantial part to the efforts of central bankers, inflation has generally been contained. With the re duction in inflation and the recent relative stability of price levels in most developed nations, risk premiums have tended to decline sharply. Moreover, unemployment rates, at least in the Western Hemisphere, have decreased substantially. Finally, even many economists who con sider themselves monetarists now tend to be less certain of the stabil ity of the link between the money supply and economic activity. Thus, there is greater appreciation of the critical role of judgment in the conduct of monetary policy and a general belief that the judgments central bankers have made have generally been sound. 272 pp. Englisch. N� de r�f. du vendeur 9780792383048

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Learning from the World's Best Central Bankers: Principles and Policies for Subduing Inflation

Von Furstenberg, George M.; Ulan, Michael K.

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Learning from the World s Best Central Bankers

George M. von Furstenberg|Michael K. Ulan

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Kartoniert / Broschiert. Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. BURTON G. MALKIEL Chemical Bank Chairman s Professor of Economics Princeton University Central bankers have often believed that they are the Rodney Dangerfields of public officials-they seldom receive respect from the public or from elected officials. Parti. N� de r�f. du vendeur 5970820

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Learning from the World's Best Central Bankers

George M. von Furstenberg Michael K. Ulan

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Learning from the World's Best Central Bankers

Von Furstenberg, George M.; Ulan, Michael K.

Edit� par Kluwer Academic Publishers, 1998

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Etat : New. Central bankers play a prominent role in many societies; a few of them even become oracles or celebrities. This volume helps to learn how the bankers themselves believe they have earned and preserved credibility and how they have maintained and expanded their base of support. It is useful to academic economists and leaders in banking service. Num Pages: 242 pages, biography. BIC Classification: KFFK. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 235 x 155 x 14. Weight in Grams: 391. . 1998. Softcover reprint of the original 1st ed. 1998. Paperback. . . . . N� de r�f. du vendeur V9780792383048

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Learning from the World's Best Central Bankers | Principles and Policies for Subduing Inflation

Michael K. Ulan (u. a.)

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Learning from the World's Best Central Bankers

Michael K. Ulan

Edit� par Springer US, Springer New York Okt 1998, 1998

ISBN 10 : 0792383044 ISBN 13 : 9780792383048

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Taschenbuch. Etat : Neu. This item is printed on demand - Print on Demand Titel. Neuware -BURTON G. MALKIEL Chemical Bank Chairman's Professor of Economics Princeton University Central bankers have often believed that they are the Rodney Dangerfields of public officials-they seldom receive respect from the public or from elected officials. Particularly in the days of high infla tion and substantial unemployment, they were held responsible for everything that ailed the world's economies. And monetarists often suggested that nations would be far better off if central bankers were replaced by robots who would do nothing more than ensure that the money supply was increased at a fixed percent each year. Our views have changed considerably over the past two decades. The main reason is that, thanks in substantial part to the efforts of central bankers, inflation has generally been contained. With the re duction in inflation and the recent relative stability of price levels in most developed nations, risk premiums have tended to decline sharply. Moreover, unemployment rates, at least in the Western Hemisphere, have decreased substantially. Finally, even many economists who con sider themselves monetarists now tend to be less certain of the stabil ity of the link between the money supply and economic activity. Thus, there is greater appreciation of the critical role of judgment in the conduct of monetary policy and a general belief that the judgments central bankers have made have generally been sound. 272 pp. Englisch. N� de r�f. du vendeur 9780792383048

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Learning from the World's Best Central Bankers

von Furstenberg George M. Ulan Michael K.

Edit� par Springer, 1998

ISBN 10 : 0792383044 ISBN 13 : 9780792383048

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Learning from the World's Best Central Bankers : Principles and Policies for Subduing Inflation

Michael K. Ulan

Edit� par Springer US, Springer New York, 1998

ISBN 10 : 0792383044 ISBN 13 : 9780792383048

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Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - BURTON G. MALKIEL Chemical Bank Chairman's Professor of Economics Princeton University Central bankers have often believed that they are the Rodney Dangerfields of public officials-they seldom receive respect from the public or from elected officials. Particularly in the days of high infla tion and substantial unemployment, they were held responsible for everything that ailed the world's economies. And monetarists often suggested that nations would be far better off if central bankers were replaced by robots who would do nothing more than ensure that the money supply was increased at a fixed percent each year. Our views have changed considerably over the past two decades. The main reason is that, thanks in substantial part to the efforts of central bankers, inflation has generally been contained. With the re duction in inflation and the recent relative stability of price levels in most developed nations, risk premiums have tended to decline sharply. Moreover, unemployment rates, at least in the Western Hemisphere, have decreased substantially. Finally, even many economists who con sider themselves monetarists now tend to be less certain of the stabil ity of the link between the money supply and economic activity. Thus, there is greater appreciation of the critical role of judgment in the conduct of monetary policy and a general belief that the judgments central bankers have made have generally been sound. N� de r�f. du vendeur 9780792383048

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