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Titlebook: Towards the Next Revolution in Central Banking; A Radical Framework Burkhard Wehner Book 2021 The Editor(s) (if applicable) and The Author

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書目名稱Towards the Next Revolution in Central Banking
副標(biāo)題A Radical Framework
編輯Burkhard Wehner
視頻videohttp://file.papertrans.cn/928/927219/927219.mp4
概述Combines discussions on inflation targeting, negative real interest rates, demographic dynamics, and monetary theory.Provides policy recommendations for a new target variable and monetary policy more
圖書封面Titlebook: Towards the Next Revolution in Central Banking; A Radical Framework  Burkhard Wehner Book 2021 The Editor(s) (if applicable) and The Author
描述.This book critically explores past and present principles of central banking, and outlines a new framework for future stabilization policy. Through compact and concise chapters, it demonstrates why a constant long-term interest rate would be the most beneficial target for monetary policy to follow. A novel set of policy tools and institutional arrangements suitable to reliably meet this target are developed..It is argued that the proposed framework would be clearly superior to conventional policies in preventing financial market crises, maintaining high employment, and keeping the economy at or near potential. The merits and shortcomings of alternative theories such as Modern Monetary Theory are also discussed..This book will be relevant to researchers and policymakers as well as professional investors, analysts, and commentators of financial markets and the economy at large..
出版日期Book 2021
關(guān)鍵詞History of Monetary Policy; The Gold Standard; The Institutions of Monetary Policy; Stabilizing the Lon
版次1
doihttps://doi.org/10.1007/978-3-030-85766-0
isbn_ebook978-3-030-85766-0
copyrightThe Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl
The information of publication is updating

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