Binding: Hardcover
Dewey Decimal Number: 339.53
EAN: 9780262134828
ISBN: 0262134829
Label: The MIT Press
Manufacturer: The MIT Press
Number Of Items: 1
Number Of Pages: 568
Publication Date: October 31, 2007
Publisher: The MIT Press
Sales Rank: 136270
Studio: The MIT Press

---

Related Items:

• Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework
• Macroeconomic Theory: A Dynamic General Equilibrium Approach
• The Inflation-Targeting Debate (National Bureau of Economic Research Studies in Income and Wealth)
• Robustness
• The Age of Turbulence: Adventures in a New World
• see more

---

Editorial Review:

Product Description:
This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also has been a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering published papers, new introductory material, and a summing up, "Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask," which reflects on what we have learned about monetary policy over the last thirty years.

Mishkin blends theory, empirical evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anchor; fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.




Rating: - A good book, but...
A very good and detail text about monetary policy.

I bought it because his "The Economics of Money, Banking,...", this one is also good, but no better than the one I read. I download all working papers of Mishkin from NBER, just looks like the details of this book. So, if you read this one, you don't need to read papers.

If you like colorful figures and charts, this one may be disappointing. However, I still recommend Mr.Mishkin's books, although he decided not to be the ... Read More

---

Browse for similar items by category:

• Economics - Business & Finance - New & Used Textbooks - Custom Stores - Specialty Stores - Books - Macroeconomics
• Economics - Business & Finance - New & Used Textbooks - Custom Stores - Specialty Stores - Books - General AAS
• Business & Finance - New & Used Textbooks - Custom Stores - Specialty Stores - Books - General AAS
• New & Used Textbooks - Custom Stores - Specialty Stores - Books - General AAS
• Qualifying Textbooks - Custom Stores - Specialty Stores - Books - General AAS