Levy mickey d (40 résultats)

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Etat : New. pp. 61.

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Hardcover. Etat : new. Hardcover. Fifty Years of the Shadow Open Market Committee: A Retrospective on Its Role in Monetary Policy is a deep dive into the fifty-year history of the Shadow Open Market Committee (SOMC), a group of private academic economists that acts as the Federal Reserves outside watchdogs, providing candid, economically grounded critiques of the Feds conduct of policy. The volume, based on a two-day symposium held at the Hoover Institution October 1314, 2024, examines the evolution of the Feds monetary and credit policies and critical issues it faces today.Contributors discuss how the SOMC evolved in its approach to monetary policyfrom a strong emphasis on controlling the money supply to rein in the high and variable inflation of the 1970s, to a broader focus on rules-based policies as the best strategy to avoid major policy mistakes and maintain a credible monetary policy. The SOMC has also critiqued the rising frequency of Fed interventions in credit markets, including its participation in rescuing failing banks. Readers will find thought-provoking analyses from leading monetary economists, including rigorous discussions about rules versus discretion and assessments of the Taylor rule, a key policymaking tool.Chapters by leading economic and financial scholars address many of the pressing central bank policy issues of today, including the Feds evolving interpretation of its dual mandate (price stability and maximum employment), the expanded role of the Fed in financial markets and the effect on policymaking, the implications of its enlarged balance sheet, and fiscal-monetary policy interactions. An lively discussion among former leading Fed members on outside influences sheds light on factors that affected some of their crucial decisions.In an environment where the Federal Reserve can significantly affect economic performance, the scholarly contributors to this book emphasize the importance of rules-based monetary policy focused on price stability as the Feds best contribution to healthy economic growth and maximum employment, and of credible and predictable credit market policy as supporting financial stability. For those committed to understanding the most important issues facing the Fed and the contributions of the SOMC to the monetary policy debate, this volume serves as an essential resource. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

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Taschenbuch. Etat : Neu. Neuware - The Social Security Amendments of 1972 capped nearly four decades of continuous expansion and benefit increases by boosting benefits a generous 20 percent and indexing benefits to inflation beginning in 1975. At the time, the social security trust fund balances were considered sufficient to absorb any temporary deficit caused by adverse conditions, while projections based on robust fertility rates and a stable and growing economy showed large long-run actuarial surpluses. Since 1973, social security financing has not been viewed through such rose-colored glasses. Annual reports of the trustees of the social security system began projecting long-run deficits based on lower long-run fertility rates and higher rates of inflation and unemployment than were assumed previously. An indexing flaw in the 1972 amendments was detected in 1974 which, until modified by the 1977 amendments, added substantially to projected long-run deficits of the program. Also in the mid-1970s, high rates of unemployment and inflation, coupled with declining growth rates of real wages, precipitated a rapid decline in trust fund balances. In 1977, Congress responded to the short-run financial crisis by increasing payroll taxes, but it largely ignored the long-run financing issue.…

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Hardback. Etat : New.

HRD. Etat : New. New Book. Shipped from UK. Established seller since 2000.

Etat : New. 2025. hardcover. . . . . .

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hardcover. Etat : New. Special order direct from the distributor.

Etat : New. 2025. hardcover. . . . . . Books ship from the US and Ireland.

PAP. Etat : New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.

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