Imperfect knowledge and monetary policy / Otmar Issing ... [et al.]
- Bib ID:
- 3645600
- Format:
- Book
- Author:
- Issing, Omar
- Online Version:
- Table of contents only
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- Publisher description
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- Contributor biographical information
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- Publisher description
- Description:
-
- Cambridge : Cambridge University Press, c2005
- xi, 138 p. : ill. ; 23 cm.
- ISBN:
-
- 9780521854863
- 0521854865
- 9780521671071
- 0521671078
- Series:
- Stone lectures in economics
- Full contents:
- Machine derived contents note: Acknowledgments; Introduction; Outline of the two lectures; First lecture: Monetary Policy in Uncharted Territory. 1. Introduction; 2. Uncharted territory: unique historical events; 3. Achieving price stability; 4. Avoiding excess volatility in inflation, output and the interest rate; 5. Pragmatic monetarism: The Bundesbank; 6. A stability-oriented strategy: the ECB; 7. Conclusions. Second lecture: Imperfect Knowledge, Learning and Conservatism. 1. Introduction; 2. Time inconsistency, cost-push shocks and Rogoff's conservatism; 3. Empirical output gap uncertainty; 4. Output gap uncertainty, learning and conservatism; 5. Different degrees of CB's knowledge and information; 6. Conclusions; References.
- Notes:
-
- Includes index.
- Bibliography: p. 122-135.
- Subject:
- Other authors/contributors:
- Issing, Otmar
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2005
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