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October 2007
7 x 9, 568 pp., 104 illus.
(CLOTH)
Short

ISBN-10:
0-262-13482-9
ISBN-13:
978-0-262-13482-8

Out Of Print
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Paper (2009)
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Monetary Policy Strategy
Frederic S. Mishkin

Preface
Download Chapter as PDF Sample Chapter - Download PDF (34 KB)		ix
1How Did We Get Here?
Frederic S. Mishkin
Download Chapter as PDF Sample Chapter - Download PDF (141 KB)		1
IFundamental Issues in the Conduct of Monetary Policy29
Introduction to Part I31
2What Should Central Banks Do?
Frederic S. Mishkin		37
3The Transmission Mechanism and the Role of Asset Prices in Monetary Policy
Frederic S. Mishkin		59
4The Role of Output Stabilization in the Conduct of Monetary Policy
Frederic S. Mishkin		75
5Can Central Bank Transparency Go Too Far?
Frederic S. Mishkin		89
6Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy?
Arturo Estrella and Frederic S. Mishkin		109
7Rethinking the Role of NAIRU in Monetary Policy
Implications of Model Formulation and Uncertainty
Arturo Estrella and Frederic S. Mishkin		133
IIMonetary Policy Strategy in Advanced Economies159
Introduction to Part II161
8Central Bank Behavior and the Strategy of Monetary Policy
Observations from Six Industrialized Countries
Ben Bernanke and Frederic S. Mishkin		165
9Inflation Targeting
A New Framework for Monetary Policy?
Ben Bernanke and Frederic S. Mishkin		207
10International Experiences with Different Monetary Policy Regimes
Frederic S. Mishkin		227
11Why the Federal Reserve Should Adopt Inflation Targeting
Frederic S. Mishkin		253
IIIMonetary Policy Strategy in Emerging Market and Transition Economies263
Introduction to Part III265
12Inflation Targeting in Emerging Market Countries
Frederic S. Mishkin		271
13Monetary Policy Strategies for Latin America
Frederic S. Mishkin and Miguel A. Savastano		279
14Monetary Policy Strategies for Emerging Market Countries
Lessons from Latin America
Frederic S. Mishkin and Miguel A. Savastano		309
15Inflation Targeting in Transition Economies
Experience and Prospects
Jiri Jonas, Frederic S. Mishkin and Olivier Blanchard		345
16A Decade of Inflation Targeting in the World
What Do We Know and What Do We Need to Know?
Frederic S. Mishkin and Klaus Schmidt-Hebbel		405
18The Mirage of Exchange-Rate Regimes for Emerging Market Countries
Guillermo A. Calvo and Frederic S. Mishkin		465
IVWhat Have We Learned?485
Introduction to Part IV487
19Everything You Wanted to Know about Monetary Policy Strategy, but Were Afraid to Ask
Frederic S. Mishkin		489
Sources537
Index
Download Chapter as PDF Sample Chapter - Download PDF (67 KB)		539
  
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