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Monetary Policy in the Open Economy: What Role for Exchange Rates?: Theory and Evidence from the Federal Reserve - Softcover
Synopsis
This work investigates the relationship between exchange rates and the decision making process that we currently call monetary policy, i.e. a central bank’s problem of setting the short-term interest rate in order to achieve some basic macroeconomicgoals, asking whether in addition to the traditional goals of monetary policy, namely price stability and business cycle stabilization, the exchange rate should not be included as a further objective of monetary policy in theoretical models and policy discussions. Based on an econometric study of the behaviour of the Federal Reserve from 1979 to 2007, as well as on theoretical arguments from the macroeconomic as well as from the policy literature, it concludes that there is indeed scope for the inclusion of excahnge rates in monetary policy analyses and decisions.
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About the Author
The author studied Management, Economics and Industrial Engineering at Politecnico di Milano (2003-2008), where he was subsequently also Visiting Researcher (2009). He then worked as a freelance economics consultant, and is currently completing the MSc Economics at Queen Mary, University of London.
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Monetary Policy in the Open Economy
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VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2011
ISBN 10: 3844385622
ISBN 13: 9783844385625
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Monetary Policy in the Open Economy
Published by
VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2011
ISBN 10: 3844385622
ISBN 13: 9783844385625
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Softcover
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Monetary Policy in the Open Economy: What Role for Exchange Rates?
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ISBN 13: 9783844385625
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This work investigates the relationship between exchange rates and the decision making process that we currently call monetary policy, i.e. a central bank s problem of setting the short-term interest rate in order to achieve some basic macroeconomicgoals, asking whether in addition to the traditional goals of monetary policy, namely price stability and business cycle stabilization, the exchange rate should not be included as a further objective of monetary policy in theoretical models and policy discussions. Based on an econometric study of the behaviour of the Federal Reserve from 1979 to 2007, as well as on theoretical arguments from the macroeconomic as well as from the policy literature, it concludes that there is indeed scope for the inclusion of excahnge rates in monetary policy analyses and decisions. 116 pp. Englisch. Seller Inventory # 9783844385625
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Monetary Policy in the Open Economy
Published by
VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2011
ISBN 10: 3844385622
ISBN 13: 9783844385625
New
Softcover
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Monetary Policy in the Open Economy: What Role for Exchange Rates?
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Sokol AndrejThe author studied Management, Economics and Industrial Engineering at Politecnico di Milano (2003-2008), where he was subsequently also Visiting Researcher (2009). He then worked as a freelance economics consultant, and . Seller Inventory # 5476082
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Monetary Policy in the Open Economy: What Role for Exchange Rates?
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LAP LAMBERT Academic Publishing Jul 2011, 2011
ISBN 10: 3844385622
ISBN 13: 9783844385625
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Taschenbuch. Condition: Neu. Neuware -This work investigates the relationship between exchange rates and the decision making process that we currently call monetary policy, i.e. a central bank¿s problem of setting the short-term interest rate in order to achieve some basic macroeconomicgoals, asking whether in addition to the traditional goals of monetary policy, namely price stability and business cycle stabilization, the exchange rate should not be included as a further objective of monetary policy in theoretical models and policy discussions. Based on an econometric study of the behaviour of the Federal Reserve from 1979 to 2007, as well as on theoretical arguments from the macroeconomic as well as from the policy literature, it concludes that there is indeed scope for the inclusion of excahnge rates in monetary policy analyses and decisions.Books on Demand GmbH, Überseering 33, 22297 Hamburg 116 pp. Englisch. Seller Inventory # 9783844385625
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Monetary Policy in the Open Economy: What Role for Exchange Rates? : Theory and Evidence from the Federal Reserve
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LAP LAMBERT Academic Publishing, 2011
ISBN 10: 3844385622
ISBN 13: 9783844385625
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This work investigates the relationship between exchange rates and the decision making process that we currently call monetary policy, i.e. a central bank s problem of setting the short-term interest rate in order to achieve some basic macroeconomicgoals, asking whether in addition to the traditional goals of monetary policy, namely price stability and business cycle stabilization, the exchange rate should not be included as a further objective of monetary policy in theoretical models and policy discussions. Based on an econometric study of the behaviour of the Federal Reserve from 1979 to 2007, as well as on theoretical arguments from the macroeconomic as well as from the policy literature, it concludes that there is indeed scope for the inclusion of excahnge rates in monetary policy analyses and decisions. Seller Inventory # 9783844385625
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