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Synopsis
An introduction to the principles underlying modern central banking, peppered with historical anecdotes spanning the past hundred years. The objectives of monetary policy as well as the instruments used to achieve them are discussed in detail. Historical excursions include the German hyperinflation episode of 1923, the rise and fall of the Bretton Woods system, the oil embargoes of 1973 and 1979, Japan's Lost Decade, the Asian Financial Crisis, the Dotcom Bubble and the bankruptcy of Lehman Brothers. Modern innovations like inflation targeting, quantitative easing and the Taylor Rule are also discussed. The book is written without assuming any prerequisites, so it is suitable for undergraduate students of economics and motivated high school students as well as anyone with a general interest in economics. For an excerpt, visit https://medium.com/@sujithvijay/book-excerpt-monetary-policy-dfb65ea084a9?sk=b8876c8fcaaa2a0a24acabf33673746a
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- PublisherIndependently published
- Publication date2019
- ISBN 10 1696321948
- ISBN 13 9781696321945
- BindingPaperback
- LanguageEnglish
- Number of pages111
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Monetary Policy
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Monetary Policy
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Monetary Policy
Published by
Independently published, 2019
ISBN 10: 1696321948
ISBN 13: 9781696321945
Used
Softcover
Seller: GreatBookPricesUK, Woodford Green, United Kingdom
Seller rating 5 out of 5 stars
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