International Dimensions of Monetary Policy (Hardcover)

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Product Overview

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 Policybrings 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.

Specifications

Publisher Univ of Chicago Pr
Mfg Part# 9780226278865
SKU 211281423
Format Hardcover
ISBN10 0226278867
Release Date 6/11/2013
Product Attributes
Book Format Hardcover
Number of Pages 0664
Publisher University of Chicago Press
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