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Central Banking, Monetary Theory And Practice |
Edited by Paul Mizen, Professor of Monetary Economics, School of Economics, University of Nottingham, UK
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| 2003 |
304 pp |
Hardback |
978 1 84064 614 6 |
£69.95 |
on-line discount
£62.96 |
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| 2004 |
304 pp |
Paperback |
978 1 84376 841 8 |
£37.50 |
on-line discount
£30.00 |
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‘In sum, the books thoroughly and practically address central banking and monetary policy issues which are clearly and superbly exposed by academic, economist and central banking superstars. . . both volumes are certainly recommended.’
– Gabriel Gómez Giglio, Journal of International Banking Law
Commenting on the quality of the contributors when opening the conference on which these books are based, the former Governor of the Bank of England, Sir Edward George, said ‘I cannot remember ever before having had such a galaxy of academic economist and central banking superstars gathered together under one roof!’’
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Contents: Preface Introduction A Central Bank Economist 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 Index
Contributors: C. Bean, S. Bhattacharya, A. Chrystal, S. Fischer, J.S. Flemming, C. Freedman, B.M. Friedman, M. Goodfriend, C. Goodhart, M. King, N. Kiyotaki, P. Mizen, J. Moore, E. Nelson, A.S. Posen, M. Shubik, A. Sibert, L.E.O. Svensson
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