Monetary Theory and Policy Experience

Leijonhufvud, Axel

Monetary Theory and Policy Experience offers a broad context for the question of why governments prefer to limit themselves to a specific inflation target. Academic specialists and senior officials of the European Central Bank, the OECK and national central banks look beyond inflation targeting as the goal of monetary policy. Nobel Laureate Robert Mundell, surveys the history and prospects of the sovereignty of the state over money, while Michael Bordo and Lars Jonung use data of fourteen industrialized countries over the past century to show relationships between fiscal and monetary regimes.

Details

Published by: Palgrave Macmillan

Publication Date: 2001-09-11

Format: Hardcover

ISBN-13: 9780333960899

DOI:

Dimensions: 235.0cm x155.0cm

Pages: 363.0