"A brief book by an eminent researcher and former central banker urging central bankers to exercise caution and prudence, and to consider that they may not have every answer, when facing economic problems"--OCLC-licensed vendor bibliographic record.
Rethinking fiscal and monetary policy in an economic environment of high debt and low interest rates. Policy makers in advanced economies find themselves in an unusual fiscal environment: debt ratios are historically high, while real interest rates are extremely low. Such a fundamental change, which seems likely to last, calls for a rethinking of the role of fiscal and monetary policy -- and th…
"A collection of essays addressing Karl Brunner's contributions to monetarism, and the significance of monetarism to modern macroeconomics"--OCLC-licensed vendor bibliographic record.
An argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance. In this book, the economist John Taylor argues that the apparent correlation of monetary policy decisions among different countries--largely the result of countries' concerns about the exchange rate--causes monetary policy to deviate from ef…