Central banking : economic considerations and policy goals
著者
書誌事項
Central banking : economic considerations and policy goals
（Economic issues, problems and perspectives series）（Banking and banking developments series）
Nova Science, c2012
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注記
Includes index
内容説明・目次
内容説明
Keeping an economy growing over the long run at rates sufficient to provide full employment for labour and capital with low inflation or a stable price level has been an important goal for economic policy. Money and monetary policy have figured importantly in achieving this goal. Currently, it is argued, central bank independence is important to achieving this end. This book examines various indices of central bank independence to see how closely independence is related to such important performance characteristics of an economy as the rate of inflation, the growth of output, investment, and real interest rates.
目次
- Preface
- Central Bank Independence & Economic Performance: What Does Evidence Show?
- Price Stability (Inflation Targeting) as the Sole Goal of Monetary Policy: The International Experience
- Economics of Federal Reserve Independence
- Should the Federal Reserve Adopt an Inflation Target?
- Index.
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