| 書目名稱 | Towards the Next Revolution in Central Banking | | 副標(biāo)題 | A Radical Framework | | 編輯 | Burkhard Wehner | | 視頻video | http://file.papertrans.cn/928/927219/927219.mp4 | | 概述 | Combines discussions on inflation targeting, negative real interest rates, demographic dynamics, and monetary theory.Provides policy recommendations for a new target variable and monetary policy more | | 圖書封面 |  | | 描述 | .This book critically explores past and present principles of central banking, and outlines a new framework for future stabilization policy. Through compact and concise chapters, it demonstrates why a constant long-term interest rate would be the most beneficial target for monetary policy to follow. A novel set of policy tools and institutional arrangements suitable to reliably meet this target are developed..It is argued that the proposed framework would be clearly superior to conventional policies in preventing financial market crises, maintaining high employment, and keeping the economy at or near potential. The merits and shortcomings of alternative theories such as Modern Monetary Theory are also discussed..This book will be relevant to researchers and policymakers as well as professional investors, analysts, and commentators of financial markets and the economy at large.. | | 出版日期 | Book 2021 | | 關(guān)鍵詞 | History of Monetary Policy; The Gold Standard; The Institutions of Monetary Policy; Stabilizing the Lon | | 版次 | 1 | | doi | https://doi.org/10.1007/978-3-030-85766-0 | | isbn_ebook | 978-3-030-85766-0 | | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
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