Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    International Dimensions of Monetary Policy
    International Dimensions of Monetary Policy
    International Dimensions of Monetary Policy
    Ebook640 pages14 hours

    International Dimensions of Monetary Policy

    By Jordi Galí and Mark Gertler

    ()

    Read preview

    About this ebook

    United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy.

    In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.

    LanguageEnglish
    PublisherUniversity of Chicago Press
    Release dateMar 15, 2010
    ISBN9780226278872
    International Dimensions of Monetary Policy

    Related to International Dimensions of Monetary Policy

    Titles in the series (100)

    View More
    View More

    Related ebooks

    Business For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Warrior against Poverty

      Dec 27, 2019

      Long before economist Abhijit Banerjee won the 2019 Nobel Prize in Economics jointly with his wife, French-American economist Esther Duflo, and American Michael Kremer, 'for their experimental approach to alleviating global poverty', their work was c

      1 min read

    • Article

      References

      Sep 29, 2022

      References
      1 min read

    • Article

      References

      Dec 31, 2017

      1 Benjamin J. Cohen, “Electronic Money: New Day or False Dawn?,” Review of International Political Economy 8, no. 2 (2001): 197–225. 2 Manuel Castells, “Informationalism, Networks, and the Network Society: A Theoretical Blueprint” in I M. Castells: T

      5 min read

    • Article

      In Memoriam: Richard L. Stroup (1943–2021)

      Jul 18, 2022

      Rick Stroup was one of the founders of the environmental economics movement; he was a conservationist of the first rank. Conserving resources requires accounting for the opportunity costs of using those resources. But in the 1970s the focus of enviro

      5 min read

    • Article

      Beyond Economic Growth

      Dec 12, 2018

      Beyond Economic Growth
      7 min read

    • Article

      The Everything Bubble

      Dec 15, 2022

      The Everything Bubble
      5 min read

    • Article

      When To Be Humble About Inflation Forecasts

      Jul 2, 2021

      The old certainties of economics have been shocked into a new reality that requires more deliberation and listening.

      2 min read

    • Article

      Editor-in-chief

      Apr 18, 2020

      As the deadly coronavirus rages across the world, it has put many facets of a country to test—its medical infrastructure, its economy, its social security net, the discipline of its people and the nature of its polity. Most importantly, it has tested

      4 min read

    • Article

      Have Money, Won’t Travel: Why do investors prefer to put their money to work at home?

      Dec 19, 2013

      The category of “specialist” seems to be ingrained deeply both in the history of evolution, and the development of modern society. Homo sapiens is, in its own ways, a specialist: We are most remarkable for our large brains and the application of our

      4 min read

    • Article

      China's Yuan Internationalisation Faces Coronavirus, Geopolitical Threats Despite Record Cross-border Use

      Aug 25, 2021

      Geopolitical tensions and the coronavirus are expected to challenge Beijing's bid to further increase the global use of the yuan even after its share of China's cross-border payments hit a record high last year. China's cross-border settlements denom

      3 min read

    • Article

      Good Times, Bad Times

      Apr 29, 2021

      BOOM TIMES ARE HERE again. Nowadays business surveys are followed closely by economists and participants in financial markets, as they are among the most reliable real-time evidence of what is happening. The March manufacturing survey from the United

      3 min read

    • Article

      Where Do We Go From Here?

      May 26, 2023

      Where Do We Go From Here?
      5 min read

    • Article

      Why China Should Allow Diverse Viewpoints Of Its Economy To Avoid Risks Of 3 Biases

      Dec 19, 2023

      After the US Federal Reserve chair Jay Powell gave the clearest signal yet that the United States central bank would begin to cut rates next year, investors responded by sending the benchmark S&P index to its highest level since January 2022. Even if

      5 min read

    • Article

      Remedies For A Global Recession? That’s The Idea.

      Oct 14, 2020

      Economists wonder why the pandemic’s economic effects are not as severe as they expected. Every global downturn has spawned new and practical solutions.

      2 min read

    • Article

      Taking Stock Of The Market

      Mar 23, 2023

      Brendan Ahern is chief investment officer at KraneShares, a U.S. exchange-traded fund (ETF) provider. He is an expert in global financial markets with a particular focus on China and actively maintains daily contact with an extensive local research n

      4 min read

    • Article

      Conflict or Consensus

      Jun 22, 2023

      ‘It is very dangerous for all the world that large numbers of people in the U.S. have closed their minds and are blind and deaf to the immense changes impacting the world. These Americans have also influenced some Europeans to share this approach,” A

      4 min read

    Related categories

    Reviews for International Dimensions of Monetary Policy

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      International Dimensions of Monetary Policy - Jordi Galí

      Enjoying the preview?
      Page 1 of 1