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Interest and Prices
- Foundations of a Theory of Monetary Policy
- Binding:
- Hardback
- Pages:
- 808
- Published:
- September 6, 2003
- Dimensions:
- 245x171x49 mm.
- Weight:
- 1428 g.
In stock
Delivery:
3-5 business days
Expected delivery: July 20, 2025
Description of Interest and Prices
Offers theoretical foundations for a rule-based approach to monetary policy for a world of communications and efficient financial markets. This book examines the foundations of monetary economics, showing how interest-rate policy can be used to achieve an inflation target in the absence of either commodity control of a monetary aggregate.
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