Synopsis
Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability. Bordo also examines the performance of the Federal Reserve and he reviews the history of monetary policy during the Great Depression.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
À propos de l?auteur
Michael D. Bordo is currently Board of Governors Professor of Economics and director of the Center for Monetary and Financial History at Rutgers University. He is also a Distinguished Visiting Fellow at the Hoover Institution at Stanford University.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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The Historical Performance of the Federal Reserve: The Importance of Rules (695)
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Hoover Institution Press, 2019
ISBN 10 : 0817922148
ISBN 13 : 9780817922146
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The Historical Performance of the Federal Reserve: The Importance of Rules (695)
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The Historical Performance of the Federal Reserve: The Importance of Rules (695)
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Hoover Institution Press, 2019
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ISBN 13 : 9780817922146
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The Historical Performance of the Federal Reserve: The Importance of Rules (695)
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Historical Performance of the Federal Reserve : The Importance of Rules
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Hoover Institution Press, 2019
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ISBN 13 : 9780817922146
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The Historical Performance of the Federal Reserve (Hardcover)
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Hardcover. Etat : new. Hardcover. Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability. Bordo examines theoretical perspectives in monetary theory on the case for stable money and the importance of monetary rules. The author also looks at the historical and empirical record of economic performance (both inflation and real output) across policy regimes. He examines the performance of the Federal Reserve in its pursuit of discretionary monetary policy, and he reviews the history of monetary policy during the Great Depression. Distinguished economist Michael Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy produces low and stable inflation, stable real performance, and encourages financial stability. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9780817922146
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Historical Performance of the Federal Reserve : The Importance of Rules
Edité par
Hoover Institution Press, 2019
ISBN 10 : 0817922148
ISBN 13 : 9780817922146
Ancien ou d'occasion
Couverture rigide
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The Historical Performance of the Federal Reserve
Edité par
Hoover Institution Press,U.S., US, 2019
ISBN 10 : 0817922148
ISBN 13 : 9780817922146
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Couverture rigide
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Hardback. Etat : New. Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability. Bordo examines theoretical perspectives in monetary theory on the case for stable money and the importance of monetary rules. The author also looks at the historical and empirical record of economic performance (both inflation and real output) across policy regimes. He examines the performance of the Federal Reserve in its pursuit of discretionary monetary policy, and he reviews the history of monetary policy during the Great Depression. N° de réf. du vendeur LU-9780817922146
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The Historical Performance of the Federal Reserve: The Importance of Rules (695)
Edité par
Hoover Institution Press, 2019
ISBN 10 : 0817922148
ISBN 13 : 9780817922146
Ancien ou d'occasion
Couverture rigide
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The Historical Performance of the Federal Reserve
Edité par
Hoover Institution Press,U.S., US, 2019
ISBN 10 : 0817922148
ISBN 13 : 9780817922146
Neuf
Couverture rigide
Vendeur : Rarewaves.com USA, London, LONDO, Royaume-Uni
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Hardback. Etat : New. Distinguished economist Michael D. Bordo argues for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case. He shows how the pursuit of stable monetary policy guided by central banks following rule-like behavior produces low and stable inflation, stable real performance, and encourages financial stability. In contrast, he explains how the failure to adhere to rules that produce monetary stability will inevitably produce the dire consequences of real, nominal, and financial instability. Bordo examines theoretical perspectives in monetary theory on the case for stable money and the importance of monetary rules. The author also looks at the historical and empirical record of economic performance (both inflation and real output) across policy regimes. He examines the performance of the Federal Reserve in its pursuit of discretionary monetary policy, and he reviews the history of monetary policy during the Great Depression. N° de réf. du vendeur LU-9780817922146
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