Screen LibraryChallenges in central banking：the current institutional environment and forces affecting monetary policy
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| Group Author: | ; ; |
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| Published: |
Cambridge University Press,
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| Publisher Address: | New York |
| Publication Dates: | 2010. |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Carrier Form: | xviii, 398 p.: ill. ; 24 cm. |
| ISBN: |
9780521199292 (cloth) 0521199298 (hbk) |
| Index Number: | F821 |
| CLC: |
F821.0 F830.31 |
| Call Number: | F830.31/C437-1 |
| Contents: |
Includes bibliographical references and index. The state of play in central banking and the challenges to come / Pierre L. Siklos, Martin T. Bohl and Mark E. Wohar -- Is the time ripe for price level path stability? / Vitor Gaspar, Frank Smets and David Vestin -- The principal-agent approach to monetary policy delegation / Georgios E. Chortareas and Stephen M. Miller -- Implementing monetary policy in the 2000s : operating procedures in Asia and beyond / Corrinne Ho -- Analysis of financial stability / Charles A.E. Goodhart and Dimitri P. Tsomocos -- National central banks in a multi-national system / David G. Mayes and Geoffrey E. Wood "Changes in the field of central banking over the past two decades have been nothing short of dramatic. Moreover, they have spanned the globe. They include the importance of central bank autonomy, the desirability of low and stable inflation, and the vital role played by how central banks communicate their views and intentions to the markets and the public more generally. There remains considerable diversity nevertheless in the institutional framework affecting central banks, the manner in which the stance of monetary policy is determined and assessed, and the forces that dictate the conduct |