; credibility and transparency; the inflation forecast and the loss function; monetary policy experiences in the US and the UK; the …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 …

those with a particular interest in monetary theory and policy. Economic analysts, commercial banks, financial institutions …

Beginning with an assessment of new thinking in macroeconomics and monetary theory, this book suggests that many … countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels … the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets …

This timely book reviews the modern literature on inflation and monetary policy, and highlights contemporary issues in … banking in the Asia-Pacific : an overview -- 4. Monetary policy : overview of concepts, debates and issues -- 5. Inflation and …. Inflation and monetary policy in selected countries of the Asia-Pacific -- 10. Summary and conclusion …

Economy, 22 (1), March, 1-21 -- Alex Cukierman and Allan H. Meltzer (1986), 'A Theory of Ambiguity, Credibility, and Inflation … E.O. Svensson (1997), 'Optimal Inflation Targets, "Conservative" Central Banks, and Linear Inflation Contracts … Briault, Andrew Haldane and Mervyn King (1996), 'Central Bank Independence and Accountability: Theory and Evidence', Bank of …

operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …

Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together … his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …

perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation … (2004), 'Fairness and Inflation Persistence', Journal of the European Economic Association, 2 (2-3), April-May, 240 …-51 -- Rafael Di Tella, Robert J. MacCulloch and Andrew J. Oswald (2001), 'Preferences Over Inflation and Unemployment: Evidence …