In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions. Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism--the channel through which the central bank's actions affect spending on goods and...
In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, mag...
These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round...
These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows ...
These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round...
These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows ...
Dichtern mag das Schreiben an sich Freude bereiten, Verfasser von Lehrbuchern ziehen ihre Befriedigung daraus, da ihre Arbeit gelesen, verstanden und von den Studenten geschatzt wird. Ich habe mich daher uber die Aufnahme der ersten Auflage dieses Buches sehr gefreut. An mehr als 350 Hochschulen in 27 Landern wurde es in Lehrveranstaltungen eingesetzt. Die Reaktion der Studenten, wie sie sich aus der Bewertung von Lehrver- anstaltungen sowie aus Briefen an mich ersehen lat, war so uberwaltigend, wie ich es mir nur wunschen konnte. In der ersten Auflage habe ich versucht, den Weg zur...
Dichtern mag das Schreiben an sich Freude bereiten, Verfasser von Lehrbuchern ziehen ihre Befriedigung daraus, da ihre Arbeit gelesen, verstanden und ...