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Monetary Policy in Our Times: Proceedings of the First International Conference (MIT Press)

The monetary side of domestic and international economic policy has generated increasingly intense debate and concern within and among the major industrial countries over the last several years. Recently, the Bank of Japan’s Institute for Monetary and Economic Studies brought together leading academics and prominent economists of central banks and international organizations to analyze and discuss the key problems and issues of monetary policy of developed countries. Collected in this volume are their original contributions: eight essays that cover monetary policy in an uncertain world, domestic and international aspects of monetary policy, and policies to overcome stagflation. In particular, they recognize and provide a lively forum for the different views of academic and central bank economists.The essays are “Monetarism in Rhetoric and in Practice,” by Milton Friedman; “Monetary Policy in an Uncertain World,” by James Tobin; “The Conduct of Domestic Monetary Policy,” by Robert Gorden; “Monetary Policy in Postwar Japan,” by K. Hamada and F. Hayashi; “Monetary Policy in the Large Open Economy,” by Michael Darby; “Alternative Approaches to Exchange-Rate Determination and Some Implications of the Structural Balance-of-Payments Approach for International Macroeconomic Interdependence,” by Akihiro Amano; “‘Reaganomics’ and Credibility,” by Thomas Sargent; and “Coordination of Monetary and Fiscal Policies,” by Albert Ando.

Author: Roger E. A. Farmer

Binding: Paperback

EAN: 9780262511629

Manufacturer: The MIT Press

Number of items: 1

Number of pages: 352

Product group: Book

Studio: The MIT Press

Publication Date: 2003-03-13

Publisher: The MIT Press

Pages: 352

ISBN: 0262511622

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Roger Farmer
ROGER E. A. FARMER is a Distinguished Professor of Economics at UCLA and served as Department Chair from July 2008 through December 2012. He was the Senior Houblon-Norman Fellow at the Bank of England, January-December 2013.