Monetary policy in the major industrial countries has largely been
a success story in recent years. This two-volume set includes
previously published papers by Nobel Laureates, central bankers and
leading research economists. The key advances in recent thinking
that underpin modern monetary policy and indicate some of the
current controversies that remain are brought together in this
timely publication. Some of these challenges will continue to
dominate the thinking of scholars and practitioners for years to
come. An authoritative introduction by the editors provides a
fascinating guide to this important field.
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