Monetary Theory as a Basis for Monetary Policy

AvA. Leijonhufvud

Inbunden, Engelska, 2001

Del i serien International Economic Association Series

1 093 kr

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Beskrivning

Since the inflationary 1970s, theoretical work on monetary policy has concentrated almost exclusively on price level stabilization and the avoidance of nominal shocks. In the aftermath of the collapse of financial bubbles in various parts of the world, the accomplishments and limitations of this dominant approach are debated in this volume with contributions by a number of monetary economists, including Nobel Laureate Robert Lucas.

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