Title: Interest Rates, Prices and Liquidity: Lessons From The Financial Crisis (Macroeconomic Policy Making)
Publisher: Cambridge University Press
Publication Date: 2015
Language: English
ISBN 10: 1107480035
ISBN 13: 9781107480032
Binding: Soft cover
Condition: New

About this title

Synopsis

Many of the assumptions that underpin mainstream macroeconomic models have been challenged as a result of the traumatic events of the recent financial crisis. Thus, until recently, it was widely agreed that although the stock of money had a role to play, in practice it could be ignored as long as we used short-term nominal interest rates as the instrument of policy because money and other credit markets would clear at the given policy rate. However, very early on in the financial crisis interest rates effectively hit zero percent and so central banks had to resort to a wholly new set of largely untested instruments to restore order, including quantitative easing and the purchase of toxic financial assets. This book brings together contributions from economists working in academia, financial markets and central banks to assess the effectiveness of these policy instruments and explore what lessons have so far been learned.

About the Authors

Jagjit S. Chadha is Professor of Economics, University of Kent.

Sean Holly is Professional Fellow at Fitzwilliam College and Director of Research at the Faculty of Economics, University of Cambridge.

"About this title" may belong to another edition of this title.

Store Description

Labyrinth is an acclaimed independent bookstore serving the students and faculty of Princeton University as well as the town of Princeton and beyond. As the official bookstore for Princeton University, our independent store specializes in academic books for scholars, and we can always be relied upon to provide those books that form the backbone of current debates both inside and outside of the universities. We also carry books of broad and general interest: contemporary and classic literature, poetry, current events, history, philosophy, theology, cookbooks, comics, and books for children. We offer a large selection of constantly-changing inventory, daily sales and deep discounts on most books, used and antiquarian titles.

Visit Seller's Storefront

Seller's business information

Great Jones Books, Inc.
27 Route 31 South, Pennington, NJ, 08534, U.S.A.

Sale & Shipping Terms

Terms of Sale

Purchase will be shipped upon receipt of payment including any additional shipping costs. NJ residents add appropriate sales tax. If you are dissatisfied (Incorrect Item/Not as Described/Damaged) or if the order has not arrived by the latest estimated delivery date, you maybe be eligible for a refund within 30 days of the estimated delivery date. Please contact us for any other return inquiries, and we will respond within 2 business days.

Shipping Terms

Orders usually ship within 2 business days. Shipping costs are based on books weighing 2.2 lbs or less, or 1 kg. Heavy or oversized books may require additional shipping charges.

Domestic shipping: Under 2.2 lbs
Media Mail $4.00 per book + $1.00 for each additional book
Priority Mail $7.00 per book + $3.00 for each additional book

Standard Shipping orders will be delivered via UPS Ground and USPS Media Mail, typically 2-5 business days for in-stock items. In-stock items will generally ship by the next business day.

Please note: While the overwhelming majority of packages shipped via USPS Media Mail arrive within the time specified above, in rare cases shipments can take up to 3 to 5 weeks to arrive. Media Mail shipments to Alaska, Hawaii, Guam, Puerto Rico and APO/FPO addresses can take up 3 to 8 weeks to arrive.

Shipping rates within U.S.A.

Shipping rates within U.S.A.
Order quantity	4 to 8 business days	2 to 5 business days
First item	US$ 4.50	US$ 13.00

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.