ISBN:
9781781950777
Language:
English
Pages:
1 Online-Ressource (xii, 292 p)
,
ill
Series Statement:
Essays in honour of Charles Goodhart v. 1
Series Statement:
Edward Elgar E-Book Archive
Parallel Title:
Available in another form
Parallel Title:
Elektronische Reproduktion von Essays in honour of Charles Goodhart ; Vol. 1: Central banking, monetary theory and practice
DDC:
332.1/12
Keywords:
15.11.2001
;
Geldpolitik
;
Zentralbank
;
Zentralbankunabhängigkeit
;
Glaubwürdigkeit
;
Theorie
;
Welt
;
Monetary policy Congresses
;
Banks and banking, Central Congresses
;
Electronic books
;
Geldpolitik
Abstract:
Celebrating the contribution that Charles Goodhart has made to monetary economics and policy, this unique compendium of original papers draws together a highly respected group of international academics, central bankers and financial market regulators covering a broad range of issues in modern monetary economics. Topics discussed include: central bank independence; credibility and transparency; the inflation forecast and the loss function; monetary policy experiences in the US and the UK; the implications of Goodhart's Law; the benefits of single versus multiple currencies; and money, near monies and credit
Abstract:
1. No money, no inflation : the role of money in the economy -- 2. Central bank independence -- 3. The use and meaning of words in central banking : inflation, targeting, credibility and transparency -- 4. The inflation forecast and the loss function -- 5. Six practical views of central bank transparency -- 6. The phases of US monetary policy : 1987-2001 -- 7. UK monetary policy, 1972-97 : a guide using Taylor rules -- 8. Goodhart's law : its origins, meaning and implications for monetary policy -- 9. A cost of unified currency -- 10. Money and the monetization of credit
Note:
"This volume and its companion have been compiled from the proceedings of a two-day Festschrift conference in honour of Charles Goodhart at the Bank of England, 15-16 November 2001"--pref
,
Includes bibliographical references and index
DOI:
10.4337/9781781950777
URL:
Volltext
(Deutschlandweit zugänglich)
URL:
Deutschlandweit zugänglich
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