Monetary Policy in Low Inflation Economies

Language: English

Published by Cambridge University Press, 2009

0521848504 / 9780521848503

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Druck auf Anfrage Neuware - Printed after ordering - All central banks manage the supply of money and credit in their countries, increasing and decreasing them as needed to provide what economies need to keep growing. The way central banks typically handle that job involves short-term interest rates. But when inflation is low, central banks can't use their usual methods to get money and credit into an economy that needs it. Several essays in this volume describe the work of economists who have investigated problems that central banks might have when inflation gets low. Other essays investigate related questions such as whether an economy suffers when it moves from high inflation to low inflation, what the costs of inflation are to economic welfare, and whether a little bit of inflation can actually be good for economic growth.

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Title
Monetary Policy in Low Inflation Economies
Author
Ed Nosal
Publisher
Cambridge University Press
Publication year
2009
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0521848504
ISBN 13
9780521848503
Item weight
732 grams
Dimensions
235x157x26 mm

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