Best Seller Financial Markets and Monetary Policy

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Financial Markets and Monetary Policy High quality books

Financial Markets and Monetary Policy
By:Jeffrey A. Frankel,Benjamin Frankel
Published on 1995 by MIT Press

In this second collection of his writings on financial markets (the first, On Exchange Rates, covered international finance), Jeffrey Frankel turns his attention to domestic markets, with special attention to how national monetary policy is handled. The decade of the 1980s left many central bankers disillusioned with monetarism, so that the question of the optimal nominal anchor remains an open one. In this second collection of his writings on financial markets (the first, On Exchange Rates, covered international finance), Jeffrey Frankel turns his attention to domestic markets, with special attention to how national monetary policy is handled. The fifteen papers are divided into three sections, each introduced by the author. They cover, respectively, optimal portfolio diversification, indicators of expected inflation, and the determination of monetary policy in the face of uncertainty. In the first section, Frankel explores what information the theory of optimal portfolio diversification can give the macroeconomist. In the second section, he considers what economic variables central bankers might use to gauge whether monetary policy is too tight or too loose. And in the final section, he looks at the range of uncertainty over policy effects and how that complicates coordination of macroeconomic policymaking. The book concludes with a sympathetic analysis of nominal GDP targeting.

This Book was ranked at 29 by Google Books for keyword Monetary base.

Book ID of Financial Markets and Monetary Policy's Books is 6pmUa4L_PhkC, Book which was written byJeffrey A. Frankel,Benjamin Frankelhave ETAG "7SgeB0HzvIQ"

Book which was published by MIT Press since 1995 have ISBNs, ISBN 13 Code is 9780262061742 and ISBN 10 Code is 0262061740

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Book which have "321 Pages" is Printed at BOOK under CategoryBusiness and Economics

This Book was rated by Raters and have average rate at ""

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