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Monetary Policy in Low-Inflation Economies (Hardcover) Loot Price: R2,199
Discovery Miles 21 990
You Save: R255 (10%)
Monetary Policy in Low-Inflation Economies (Hardcover): David E. Altig, Ed Nosal

Monetary Policy in Low-Inflation Economies (Hardcover)

David E. Altig, Ed Nosal

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List price R2,454 Loot Price R2,199 Discovery Miles 21 990 | Repayment Terms: R206 pm x 12* You Save R255 (10%)

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All central banks manage the supply of money and credit in their countries, increasing and decreasing them as needed to provide what economies need to keep growing. The way central banks typically handle that job involves short-term interest rates. But when inflation is low, central banks can t use their usual methods to get money and credit into an economy that needs it. Several essays in this volume describe the work of economists who have investigated problems that central banks might have when inflation gets low. Other essays investigate related questions such as whether an economy suffers when it moves from high inflation to low inflation, what the costs of inflation are to economic welfare, and whether a little bit of inflation can actually be good for economic growth.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Release date: July 2009
First published: August 2009
Editors: David E. Altig • Ed Nosal
Dimensions: 234 x 160 x 27mm (L x W x T)
Format: Hardcover
Pages: 356
ISBN-13: 978-0-521-84850-3
Categories: Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance > General
LSN: 0-521-84850-4
Barcode: 9780521848503

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