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Published by Princeton University Press, New Jersey, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
Seller: Grand Eagle Retail, Wilmington, DE, U.S.A.
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Hardcover. Condition: new. Hardcover. This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Gali explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects on monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes the zero lower bound on nominal interest rates and an analysis of unemployment's significance for monetary policy. * The most up-to-date introduction to the New Keynesian framework available * A single benchmark model used throughout * New materials and exercises included* An ideal resource for graduate students, researchers, and market analysts "An introduction to the framework used by central banks for policy analysis"-- Shipping may be from multiple locations in the US or from the UK, depending on stock availability.
Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,600grams, ISBN:9780691164786.
Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, New Jersey, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Hardcover. Condition: new. Hardcover. This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Gali explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects on monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes the zero lower bound on nominal interest rates and an analysis of unemployment's significance for monetary policy. * The most up-to-date introduction to the New Keynesian framework available * A single benchmark model used throughout * New materials and exercises included* An ideal resource for graduate students, researchers, and market analysts "An introduction to the framework used by central banks for policy analysis"-- Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.
Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press 2015-06-30, Princeton, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
Seller: Blackwell's, London, United Kingdom
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, New Jersey, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Hardcover. Condition: new. Hardcover. This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Gali explores various issues pertaining to monetary policy's design, including optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the effects on monetary policy are addressed, with emphasis on the desirability of inflation-targeting policies. New material includes the zero lower bound on nominal interest rates and an analysis of unemployment's significance for monetary policy. * The most up-to-date introduction to the New Keynesian framework available * A single benchmark model used throughout * New materials and exercises included* An ideal resource for graduate students, researchers, and market analysts "An introduction to the framework used by central banks for policy analysis"-- Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.
Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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Published by Princeton University Press, 2015
ISBN 10: 0691164789ISBN 13: 9780691164786
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