Buch, Englisch, 220 Seiten, Format (B × H): 172 mm x 244 mm
Buch, Englisch, 220 Seiten, Format (B × H): 172 mm x 244 mm
ISBN: 978-0-631-22532-4
Verlag: Wiley
Confronts the current high esteem of central bankers with the emergence of the internet and e - commerce.
Includes essays from many of the leading current and former central bank economists (Alan Blinder, Chuck Freedman, Charles Goodhart, Donald Kohn, George Rich) as well as top applied academics (Barry Bosworth, Benjamin Friedman, Bennett McCallum, Carl Walsh, Michael Woodford).
Provocative thoughts on the ethics and practice of central banking, with direct examples from major central banks' experiences - includes spirited debates among the participants on the nature of monetary rules, the decline of central bank power, and the viability of democratic control of policy.Central bankers ended the 20th century with greater prestige, agreement on practice, and perceived power than at any other time in history. Yet, contemporary trends in public and private finance, the availability of information, and international politics, are transforming both their control and the influence of monetary policy upon the real economy. In this volume, ten leading monetary economists discuss what lies ahead for monetary policy in the areas of: transmission mechanism after e - money, intermediate targets after financial innovation, and central bank accountability after globalization.
