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Interest and Prices

By: Michael Woodford (Author)

2 in stock

Ksh 20,400.00

Format: Hardback or Cased Book

ISBN-13: 9780691010496

Publisher: Princeton University Press

Publication Date: Sep 7th, 2003

Weight: 1428 grams

Dimension: 17.10 x 24.50 x 4.90 cms

Category: Monetary economics

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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.

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