Coverart for item
The Resource Monetary transmission in diverse economies, edited by Lavan Mahadeva and Peter Sinclair, (electronic resource)

Monetary transmission in diverse economies, edited by Lavan Mahadeva and Peter Sinclair, (electronic resource)

Label
Monetary transmission in diverse economies
Title
Monetary transmission in diverse economies
Statement of responsibility
edited by Lavan Mahadeva and Peter Sinclair
Contributor
Subject
Genre
Language
eng
Summary
  • Annotation:
  • Annotation:
Cataloging source
CaPaEBR
Dewey number
339.5/3
LC call number
HG1811
LC item number
.T48 2002eb
http://library.link/vocab/relatedWorkOrContributorName
  • Mahadeva, Lavan
  • Sinclair, P. J. N
  • ebrary, Inc
http://library.link/vocab/subjectName
  • Banks and banking, Central
  • Capital movements
  • Monetary policy
  • Foreign exchange rates
Summary expansion
  • The transmission mechanism of monetary policy explains how monetary policy works - which variables respond to interest rate changes, when, why, how, how much and how predictably. It is vital that central banks and their observers, worldwide, understand the transmission mechanism so that they know what monetary policy can do and what it should do to stabilise inflation and output. The volume sets out different aspects of the transmission mechanism. Some chapters scrutinise the relevance of practical issues such as asymmetries, recent structural changes and estimation errors using data on the US, Euro area and developing countries. Other chapters focus on modelling crucial aspects such as productivity, the exchange rate and the monetary sector. These issues are counterpointed by contributions, which analyse contemporary monetary policy in Japan and the UK
  • Monetary policy mistakes can cause serious economic damage. Central banks and their worldwide observers must strive to understand the transmission mechanism of monetary policy so that they know what monetary policy can do and what it should do to stabilize inflation and output--however imprecise that understanding may be. This volume sets out different aspects of the transmission mechanism, covering practical difficulties, as well as focusing on key areas such as the exchange rate and the monetary sector. The experiences of many countries are explained
Label
Monetary transmission in diverse economies, edited by Lavan Mahadeva and Peter Sinclair, (electronic resource)
Instantiates
Publication
Note
Papers presented at a conference held at the Centre of Central Banking, Bank of England from June 19-23, 2000
Bibliography note
Includes bibliographical references (p. 237-253) and index
Control code
OCM1bookssj0000205099
Dimensions
unknown
Extent
xiii, 260 p.
Governing access note
License restrictions may limit access
Isbn
9780521813464
Other physical details
ill.
Specific material designation
remote
System control number
(WaSeSS)ssj0000205099
Label
Monetary transmission in diverse economies, edited by Lavan Mahadeva and Peter Sinclair, (electronic resource)
Publication
Note
Papers presented at a conference held at the Centre of Central Banking, Bank of England from June 19-23, 2000
Bibliography note
Includes bibliographical references (p. 237-253) and index
Control code
OCM1bookssj0000205099
Dimensions
unknown
Extent
xiii, 260 p.
Governing access note
License restrictions may limit access
Isbn
9780521813464
Other physical details
ill.
Specific material designation
remote
System control number
(WaSeSS)ssj0000205099

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