Reform of the international monetary system : why and how? /

An argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance. In this book, the economist John Taylor argues that the apparent correlation of monetary policy decisions among different countries-largely the...

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Bibliographic Details
Main Authors: Taylor, John B
Published: The MIT Press,
Publisher Address: Cambridge, Massachusetts :
Publication Dates: [2019]
Literature type: Book
Language: English
Series: Karl Brunner lecture Series
Subjects:
Summary: An argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance. In this book, the economist John Taylor argues that the apparent correlation of monetary policy decisions among different countries-largely the result of countries' concerns about the exchange rate-causes monetary policy to deviate from effective policies that stabilize inflation and the economy. He argues that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic per
Carrier Form: xvi, 136 pages : illustrations, forms ; 21 cm.
Bibliography: Includes bibliographical references (pages [111]-124) and index.
ISBN: 9780262536752 (paperback : alkaline paper) :
0262536757 (paperback : alkaline paper)
Index Number: HG3881
CLC: F821.1
Call Number: F821.1/T243
Contents: Monetary policy interconnections -- Deep questions about rules-based monetary policy -- Do we get more out of economic theory than we put in? -- References -- Notes -- Index.