검색
- Home
- 기능목록
- 검색
-
Marc 보기
MARC 닫기
-
LDR
00000cam u2200205 i 4500
-
001
000000536832
-
005
20220125153204
-
006
m d
-
007
cr cnu|||unuuu
-
008
190116s2019 mau ob 001 0 engd
-
019
▼a 1107484929
▼a 1155714118 -
020
▼a 9780262352673
▼q (electronic bk.) -
020
▼a 0262352672
▼q (electronic bk.) -
020
▼a 9780262352680
▼q (electronic bk.) -
020
▼a 0262352680
▼q (electronic bk.) -
020
▼z 9780262536752
-
020
▼z 0262536757
-
024
▼a 40028999911
-
035
▼a 2517928
▼b (N$T) -
035
▼a (OCoLC)1082365345
▼z (OCoLC)1107484929
▼z (OCoLC)1155714118 -
037
▼a 12123
▼b MIT Press -
037
▼a 9780262352673
▼b MIT Press -
040
▼a MITPR
▼b eng
▼c MITPR
▼d EBLCP
▼d OCLCO
▼d OCLCF
▼d YDX
▼d 248023
▼d OCLCQ
▼d RECBK
▼d OCLCQ
▼d UKAHL
▼d OCLCQ
▼d N$T
▼e pn
▼e rda -
049
▼a MAIN
-
050
▼a HG3881
▼b .T393 2019eb -
072
▼a BUS
▼x 045000
▼2 bisacsh -
072
▼a KCBM
▼2 bicssc -
082
▼a 332.4/5
▼2 23 -
100
▼a Taylor, John B.,
▼e author. -
245
▼a Reform of the international monetary system:
▼b why and how? /
▼c John B. Taylor. -
260
▼a Cambridge:
▼b The MIT Press,
▼c 2019. -
300
▼a 1 online resource (152 pages).
-
336
▼a text
▼b txt
▼2 rdacontent -
337
▼a computer
▼b c
▼2 rdamedia -
338
▼a online resource
▼b cr
▼2 rdacarrier -
490
▼a Karl Brunner Distinguished Lecture series
-
504
▼a Includes bibliographical references (pages 109-124) and index.
-
505
▼a Monetary policy interconnections -- Deep questions about rules-based monetary policy -- Do we get more out of economic theory than we put in? -- References -- Notes -- Index.
-
520
▼a An argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance. In this book, the economist John Taylor argues that the apparent correlation of monetary policy decisions among different countries--largely the result of countries' concerns about the exchange rate--causes monetary policy to deviate from effective policies that stabilize inflation and the economy. He argues that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance. Taylor shows that monetary polices in recent years have been deployed either defensively, as central banks counteract forces from abroad that affect the exchange rate, or offensively, as central banks attempt to move the exchange rate to gain a competitive advantage. Focusing on the years from 2005 to 2017, he develops an empirical framework to examine two monetary policy instruments: the policy interest rate (the more conventional of the two) and the size of the balance sheet. He finds that an international contagion in central bank decisions about the policy interest rate has accentuated the deviation from standard interest rate rules that have worked in the past. He finds a similar contagion in decisions about the size of the balance sheet. By considering a counterfactual policy in the estimated model, Taylor is able to estimate by how much the policy of recent years has increased exchange rate volatility. After several rounds of monetary actions and reactions aimed at exchange rates, Taylor finds, the international monetary system is left with roughly the same interest rate configuration, but much larger balance sheets to unwind.
-
588
▼a Print version record.
-
590
▼a Added to collection customer.56279.3
-
650
▼a International finance.
-
650
▼a Monetary policy.
-
650
▼a Banks and banking, International.
-
650
▼a BUSINESS & ECONOMICS
▼x Money & Monetary Policy.
▼2 bisacsh -
650
▼a Banks and banking, International.
▼2 fast
▼0 (OCoLC)fst00827100 -
650
▼a International finance.
▼2 fast
▼0 (OCoLC)fst00976945 -
650
▼a Monetary policy.
▼2 fast
▼0 (OCoLC)fst01025230 -
653
▼a ECONOMICS/Macroeconomics
-
655
▼a Electronic books.
-
776
▼i Print version:
▼a Taylor, John B.
▼t Reform of the international monetary system,
▼z 9780262536752
▼w (DLC) 2018035281
▼w (OCoLC)1047575865 -
830
▼a Karl Brunner lecture series.
-
856
▼3 EBSCOhost
▼u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2517928 -
938
▼a Askews and Holts Library Services
▼b ASKH
▼n AH37587560 -
938
▼a Askews and Holts Library Services
▼b ASKH
▼n AH37519959 -
938
▼a ProQuest Ebook Central
▼b EBLB
▼n EBL5771589 -
938
▼a Recorded Books, LLC
▼b RECE
▼n rbeEB00828693 -
938
▼a YBP Library Services
▼b YANK
▼n 16218128 -
938
▼a YBP Library Services
▼b YANK
▼n 301368166 -
938
▼a EBSCOhost
▼b EBSC
▼n 2517928 -
990
▼a 최영란
-
991
▼a eBook
-
994
▼a 92
▼b N$T
-
LDR
- 바구니담기
- 내서재 담기
- 내보내기
상세정보
Reform of the international monetary system : why and how?
QR코드| 자료유형 : | eBook |
|---|---|
| ISBN : | 9780262352673 |
| ISBN : | 0262352672 |
| ISBN : | 9780262352680 |
| ISBN : | 0262352680 |
| ISBN : | |
| ISBN : | |
| 기타표준부호 : | 40028999911 |
| 개인저자 : | Taylor, John B., author. |
| 서명/저자사항 : | Reform of the international monetary system: why and how? / John B. Taylor. |
| 발행사항 : | Cambridge: The MIT Press, 2019. |
| 형태사항 : | 1 online resource (152 pages). |
| 총서사항 : | Karl Brunner Distinguished Lecture series |
| 서지주기 : | Includes bibliographical references (pages 109-124) and index. |
| 내용주기 : | Monetary policy interconnections -- Deep questions about rules-based monetary policy -- Do we get more out of economic theory than we put in? -- References -- Notes -- Index. |
| 요약 : | An argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance. In this book, the economist John Taylor argues that the apparent correlation of monetary policy decisions among different countries--largely the result of countries' concerns about the exchange rate--causes monetary policy to deviate from effective policies that stabilize inflation and the economy. He argues that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance. Taylor shows that monetary polices in recent years have been deployed either defensively, as central banks counteract forces from abroad that affect the exchange rate, or offensively, as central banks attempt to move the exchange rate to gain a competitive advantage. Focusing on the years from 2005 to 2017, he develops an empirical framework to examine two monetary policy instruments: the policy interest rate (the more conventional of the two) and the size of the balance sheet. He finds that an international contagion in central bank decisions about the policy interest rate has accentuated the deviation from standard interest rate rules that have worked in the past. He finds a similar contagion in decisions about the size of the balance sheet. By considering a counterfactual policy in the estimated model, Taylor is able to estimate by how much the policy of recent years has increased exchange rate volatility. After several rounds of monetary actions and reactions aimed at exchange rates, Taylor finds, the international monetary system is left with roughly the same interest rate configuration, but much larger balance sheets to unwind. |
| 일반주제명 : | International finance. -- |
| 일반주제명 : | Monetary policy. -- |
| 일반주제명 : | Banks and banking, International. -- |
| 일반주제명 : | BUSINESS & ECONOMICS -- Money & Monetary Policy. -- |
| 일반주제명 : | Banks and banking, International. -- |
| 일반주제명 : | International finance. -- |
| 일반주제명 : | Monetary policy. -- |
| 기타형태 저록 : | Print version: Taylor, John B. Reform of the international monetary system, 9780262536752 |
| 언어 | 영어 |
| URL : |
|---|
예약
- 1. 예약현황은 홈페이지 로그인 후 예약 페이지에 확인 가능합니다.
- 2. 도착 통보된 예약자료 대출을 원하지 않는 경우에는 예약 현황에서 취소할 수 있습니다.
- 3. 기타 문의사항은 도서관에 문의 바랍니다.
무인예약대출
- 1. 무인예약대출 현황은 홈페이지 로그인 후 무인예약대출 페이지에 확인 가능합니다.
- 2. 무인예약대출자료 대출을 원하지 않는 경우에는 무인예약대출 페이지에서 신청 또는 접수상태인 경우만 취소할 수 있습니다.
- 3. 희망대출일은 신청일로부터 최대 1주일 까지 가능합니다.
- 4. 희망대출일을 선택하지 않은 경우 대출대기 통보 후 1주일까지 기기에서 대출가능합니다.
- 5. 기타 문의사항은 도서관에 문의 바랍니다.
서평쓰기