How Monetary Policy Works (CENTRAL BANK GOVERNOR'S SYMPOSIUM) - Hardcover

Hardcover

ISBN 10: 0415343518 ISBN 13: 9780415343510

Publisher: Routledge, 2004

Synopsis

For monetary policymakers worldwide, developing a practical understanding of how monetary policy transmits to the economy is a day-to-day challenge. The data such policymakers have is imperfect, the maps they use are continually redrawn. With such uncertainty, understanding this complicated issue is rarely straightforward. This book, a collaboration between some of the finest minds working on monetary theory in the world, helps to provide a foundation for understanding monetary policy in all its complex glory. Using models, case studies and new empirical evidence, the contributors to this book help readers on many levels develop their technical expertise. Students of macroeconomics, money and banking and international finance will find this to be a good addition to their reading lists. At the same time, policymakers and professionals within banking will learn valuable lessons from a thorough read of this book's pages.

About this title

About the Author

Lavan Mahadeva is Monetary Policy Committee Research Advisor to the Bank of England, UK. His Previous book, Monetary Policy Frameworks in a Global Context, is also available from Routledge.

Peter Sinclair is Director of the Bank of England Centre for Central Banking Studies and Professor of Economics at the University of Birmingham, UK. His previous book, Financial Stability and Central Banks, is also available from Routledge.

Edition details

• Publisher: Routledge
• Publication date: 2004
• Language: English
• ISBN 10: 0415343518
• ISBN 13: 9780415343510
• Binding: Hardcover
• Edition number: 1
• Number of pages: 464
• Editor: Mahadeva Lavan, Sinclair Peter J N