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Titlebook: Inflation Targeting and Financial Stability; Monetary Policy Chal Michael Heise Book 2019 Springer Nature Switzerland AG 2019 Monetary Poli

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发表于 2025-3-21 17:04:06 | 显示全部楼层 |阅读模式
书目名称Inflation Targeting and Financial Stability
副标题Monetary Policy Chal
编辑Michael Heise
视频video
概述Gives an overview of the main elements of the current monetary policy debate.Relevant for practitioners (policymakers, investment professionals) and academics.Offers a systematic deduction of monetary
图书封面Titlebook: Inflation Targeting and Financial Stability; Monetary Policy Chal Michael Heise Book 2019 Springer Nature Switzerland AG 2019 Monetary Poli
描述.Since the financial crisis of 2008/09, the world’s major central banks have been struggling to return their economies to higher growth and to reach their inflation targets.. This concise book analyzes the importance of central bank policies for the economy, and specifically investigates the reasons why they have failed to steer inflation as desired. The author, the Chief Economist at Allianz SE, argues that, in an environment of great uncertainty concerning the pass-through of monetary stimulus to the economy, central banks should not focus too narrowly on inflation targets, but should increasingly take the side effects of their actions into account. In particular, he contends that they must seek to minimize the risk of financial booms and busts in order to maximize long-term growth and prosperity..Building on existing research and contributing to the current debate, the book offers a valuable reference guide and food for thought for policymakers, professionals and students alike..
出版日期Book 2019
关键词Monetary Poliy; Interest Rates/Term Premia; Transmission Channels of Monetary Policy; Inflation Targeti
版次1
doihttps://doi.org/10.1007/978-3-030-05078-8
isbn_ebook978-3-030-05078-8
copyrightSpringer Nature Switzerland AG 2019
The information of publication is updating

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发表于 2025-3-21 22:16:31 | 显示全部楼层
Michael HeiseGives an overview of the main elements of the current monetary policy debate.Relevant for practitioners (policymakers, investment professionals) and academics.Offers a systematic deduction of monetary
发表于 2025-3-22 01:24:16 | 显示全部楼层
发表于 2025-3-22 04:52:52 | 显示全部楼层
Springer Nature Switzerland AG 2019
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发表于 2025-3-22 16:09:37 | 显示全部楼层
Conclusions,The world’s major central banks were the main actors in the crises of the past two decades.
发表于 2025-3-22 18:13:51 | 显示全部楼层
Some Reflections on the Secular Decline in Interest Rates,has been caused by expansionary monetary policies. Central banks have pointed to a number of long-term trends behind the secular decline of bond yields that has been observed in many developed markets since the early 1980s. Among the most important such trends are demographic shifts, which have infl
发表于 2025-3-22 21:36:51 | 显示全部楼层
Uncertainties About the Monetary Transmission Mechanism,tary policy strategy, understanding the channels by which monetary stimulus is transmitted into the real economy is key. Without reliable and foreseeable patterns of influence on aggregate demand and inflation, monetary policies would be like sailing without navigation. In recent years central banks
发表于 2025-3-23 05:18:46 | 显示全部楼层
Side Effects of Monetary Accommodation,ts of these policies—especially regarding the growth and distribution of financial wealth and the stability of financial market development. Clearly, the interest income of savers has declined as a result of monetary policy in the euro area, while borrowers have benefited. The long-term income to be
发表于 2025-3-23 08:33:37 | 显示全部楼层
Towards a Monetary Policy Fit for the Future,, as various central banks consistently missed their targets despite ultra-expansive policies. Meanwhile, the crisis once again supplied evidence of the painful consequences that financial market instability can have for economic growth and social stability. Central banks, including the ECB, should
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