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Inflation Targeting in the United Kingdom.New 9783836677905 Fast Free Shipping<|
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Item specifics
- Condition
- PublishedOn
- 2009-09-01
- Title
- Inflation Targeting in the United Kingdom
- ISBN
- 9783836677905
- Publication Year
- 2009
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Publication Name
- Inflation Targeting in the United Kingdom: Theoretical and Practical Aspects
- Item Height
- 254mm
- Publisher
- Diplomica Verlag
- Item Width
- 178mm
- Subject
- Business
- Item Weight
- 168g
- Number of Pages
- 88 Pages
About this product
Product Information
Especially since the operational introduction as central bank monetary policy framework in the early 1990s in New Zealand, the United Kingdom (UK), Canada and Sweden, inflation targeting has gained both empirical and theoretical relevance as a monetary policy strategy. In this paper I relate to inflation targeting theory and its framework in the UK. For that purpose the author first regards the development of inflation targeting in respect to other monetary policy strategies. He answers the question what the actual target variable is and why one would want to have inflation being low and stable. Then there is some complexity because the development of inflation targeting has to be viewed in relation to paradigmatic debates between Monetarist and New-Keynesian insights. He present the two fundamental views of how an inflation targeting framework should be modelled. By stating some equations from basic theoretical literature, he gives an overview about the different characteristics of that monetary policy strategy and how there is still controversy about the way of modelling. One chapter is concerned with the operational framework in the UK, including statements to historical developments at the Bank of England. The present monetary policy framework will be reviewed in detail relating to the Bank's publication policy and the inflation forecasting process. The Bank of England's model of the transmission mechanism is reviewed. This includes the interest rate setting process, the role of money and the relationship between inflation and inflation expectations. Finally, he discusses some economic effects that changed the British economy since the introduction of inflation targeting.
Product Identifiers
Publisher
Diplomica Verlag
ISBN-13
9783836677905
eBay Product ID (ePID)
205450852
Product Key Features
Publication Name
Inflation Targeting in the United Kingdom: Theoretical and Practical Aspects
Format
Paperback
Language
English
Subject
Business
Publication Year
2009
Type
Textbook
Number of Pages
88 Pages
Dimensions
Item Height
254mm
Item Width
178mm
Item Weight
168g
Additional Product Features
Item description from the seller
Business seller information
WRAP Ltd.
Mubin Ahmed
Unit 4
119 Loverock Road
Reading
Berkshire
RG30 1DZ
United Kingdom
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- GB 724498118
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- 03800600
I certify that all my selling activities will comply with all EU laws and regulations.
CRN Number:
- 03800600
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eBay item number:296184212706
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