Beyond Inflation Targeting

Assessing the Impacts and Policy Alternatives

Autor: Gerald A. Epstein, A. Erinc Yeldan

Jazyk:

Väzba: Pevná

Vydavateľ: Edward Elgar Publishing Ltd

Dostupnosť: Skladom u dodávateľa

Odosielame za 14-20 dní

173.18 €

This volume, written by an international team of economists, develops concrete, country specific alt...

Informácie o knihe

Autor

Gerald A. Epstein, A. Erinc Yeldan

Jazyk

Angličtina

Väzba

Kniha - Pevná

Vydalo

2009

Stránok

336

EAN

9781847209382

Enbook ID

05101664

Vydavateľ

Edward Elgar Publishing Ltd

Hmotnosť

522

Rozmery

156 x 234 x 23

Kompletný popis

This volume, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as employment creation, poverty reduction and sustainable development. The book includes thematic chapters, including analyses of class attitudes toward inflation and unemployment and the gender impacts of restrictive monetary policy. Other chapters propose improved monetary frameworks for Argentina, Brazil, India, Mexico, the Philippines, South Africa, Turkey, and Vietnam. Policy frameworks that are explored include employment targeting, and targeting a stable and competitive real exchange rate. The authors also show that to reach a larger number of targets, including higher employment and stable inflation, central banks must use a larger number of instruments, including capital management techniques. This volume offers concrete, socially valuable alternatives that economists, policy makers, students and interested laypeople should consider before adopting one size fits all, often inadequate, policies that have become a virtual policy making fad.

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Beyond Inflation Targeting

Assessing the Impacts and Policy Alternatives

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