From Preemptive Tightening to Preemptive Easing

Language: English

Published by LAP LAMBERT Academic Publishing Okt 2011, 2011

3846539031 / 9783846539033

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This item is printed on demand - Print on Demand Titel. Neuware -This book explores the evolution of U.S. monetary doctrines and practices during the Great Moderation (c.1985-2005). In the first half of this period, policy was mainly concerned with the threat of inflation. The wish to build reputational capital as credible inflation fighters was high on the list of priorities. As the Great Moderation became entrenched in the minds of policymakers and economists, the gains were perceived as more permanently realized. At the same time, new challenges arose both within the domestic economy and the global financial system. The Federal Reserve under the leadership of Alan Greenspan (1987-2006) developed an approach to monetary policy based on the notions of preemption and risk management. The main thesis is that policy moved from a bias toward preemptive tightening to fully contain inflation, to an approach characterized by preemptive easing when perceived downside risks appear, related to financial fallouts and the threat of deflation.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 184 pp. Englisch.…

Seller Inventory # 9783846539033

Title
From Preemptive Tightening to Preemptive Easing
Author
Marius Gustavson
Publisher
LAP LAMBERT Academic Publishing Okt 2011
Publication year
2011
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3846539031
ISBN 13
9783846539033
Item weight
292 grams
Dimensions
220x150x12 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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AbeBooks seller since January 23, 2017

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