Interest and Prices: Foundations of a Theory of Monetary Policy

Michael Woodford

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Interest and Prices: Foundations of a Theory of Monetary Policy

Offers theoretical foundations for a rule-based approach to monetary policy for a world of communications and efficient financial markets. This book examines the foundations of monetary economics, showing how interest-rate policy can be used to achieve an inflation target in the absence of either commodity control of a monetary aggregate.

808 pages, 42 line illus. 6 tables.

Media	Books Hardcover Book (Book with hard spine and cover)
Released	September 7, 2003
ISBN13	9780691010496
Publishers	Princeton University Press
Pages	808
Dimensions	245 × 171 × 49 mm · 1.43 kg
Language	English