Money and the natural rate of unemployment:
The prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechani...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2000
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | The prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechanisms, indicating that money affects long-term production. The consequent policy implications are also discussed, including: the uses of monetary policy and monetary regimes in achieving macroeconomic goals; the impact of an independent central bank; the effects of a movement from floating exchange rates to fixed exchange rates in a monetary union. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the current state of scholarship in this area. Designed as a textbook for advanced undergraduate and graduate students in macroeconomics, labour economics and finance, this book will also appeal to scholars and policy-makers |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (viii, 308 pages) |
| ISBN: | 9780511492501 |
| DOI: | 10.1017/CBO9780511492501 |
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| 505 | 8 | 0 | |t Introduction |t The literature |t The wage formation process |t Imperfect integration of securities markets |t Monopolistic competition in bank markets |t Utility from securities holdings |t Hysteresis effects from monetary policy |t The impact of inflation on bank earnings |t Centralised wage formation |t Fiscal policy |t Price stability goal |t Uncertainty concerning policy formation |t Policy uncertainty in a fixed-but-adjustable exchange rate regime |t The impact of uncertainty on wage setting |t Policy implications of monetary non-neutrality |
| 520 | |a The prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechanisms, indicating that money affects long-term production. The consequent policy implications are also discussed, including: the uses of monetary policy and monetary regimes in achieving macroeconomic goals; the impact of an independent central bank; the effects of a movement from floating exchange rates to fixed exchange rates in a monetary union. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the current state of scholarship in this area. Designed as a textbook for advanced undergraduate and graduate students in macroeconomics, labour economics and finance, this book will also appeal to scholars and policy-makers | ||
| 650 | 4 | |a Unemployment / Effect of inflation on | |
| 650 | 4 | |a Monetary policy | |
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Datensatz im Suchindex
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| any_adam_object | |
| author | Østrup, Finn |
| author_facet | Østrup, Finn |
| author_role | aut |
| author_sort | Østrup, Finn |
| author_variant | f ø fø |
| building | Verbundindex |
| bvnumber | BV043928879 |
| classification_rvk | QC 310 |
| collection | ZDB-20-CBO |
| contents | Introduction The literature The wage formation process Imperfect integration of securities markets Monopolistic competition in bank markets Utility from securities holdings Hysteresis effects from monetary policy The impact of inflation on bank earnings Centralised wage formation Fiscal policy Price stability goal Uncertainty concerning policy formation Policy uncertainty in a fixed-but-adjustable exchange rate regime The impact of uncertainty on wage setting Policy implications of monetary non-neutrality |
| ctrlnum | (ZDB-20-CBO)CR9780511492501 (OCoLC)704461536 (DE-599)BVBBV043928879 |
| dewey-full | 331.13/7 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 331 - Labor economics |
| dewey-raw | 331.13/7 |
| dewey-search | 331.13/7 |
| dewey-sort | 3331.13 17 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9780511492501 |
| format | Electronic eBook |
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| id | DE-604.BV043928879 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:52Z |
| institution | BVB |
| isbn | 9780511492501 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029337958 |
| oclc_num | 704461536 |
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| owner_facet | DE-12 DE-473 DE-BY-UBG |
| physical | 1 online resource (viii, 308 pages) |
| psigel | ZDB-20-CBO ZDB-20-CBO BSB_PDA_CBO ZDB-20-CBO UBG_PDA_CBO |
| publishDate | 2000 |
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| publisher | Cambridge University Press |
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| spelling | Østrup, Finn Verfasser aut Money and the natural rate of unemployment Finn Ostrup Money & the Natural Rate of Unemployment Cambridge Cambridge University Press 2000 1 online resource (viii, 308 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) Introduction The literature The wage formation process Imperfect integration of securities markets Monopolistic competition in bank markets Utility from securities holdings Hysteresis effects from monetary policy The impact of inflation on bank earnings Centralised wage formation Fiscal policy Price stability goal Uncertainty concerning policy formation Policy uncertainty in a fixed-but-adjustable exchange rate regime The impact of uncertainty on wage setting Policy implications of monetary non-neutrality The prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechanisms, indicating that money affects long-term production. The consequent policy implications are also discussed, including: the uses of monetary policy and monetary regimes in achieving macroeconomic goals; the impact of an independent central bank; the effects of a movement from floating exchange rates to fixed exchange rates in a monetary union. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the current state of scholarship in this area. Designed as a textbook for advanced undergraduate and graduate students in macroeconomics, labour economics and finance, this book will also appeal to scholars and policy-makers Unemployment / Effect of inflation on Monetary policy Arbeitslosigkeit (DE-588)4002730-2 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Inflation (DE-588)4026887-1 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf Arbeitslosigkeit (DE-588)4002730-2 s Inflation (DE-588)4026887-1 s Geldpolitik (DE-588)4019902-2 s Mathematisches Modell (DE-588)4114528-8 s 1\p DE-604 Erscheint auch als Druckausgabe 978-0-521-66139-3 Erscheint auch als Druckausgabe 978-0-521-66739-5 https://doi.org/10.1017/CBO9780511492501 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Østrup, Finn Money and the natural rate of unemployment Introduction The literature The wage formation process Imperfect integration of securities markets Monopolistic competition in bank markets Utility from securities holdings Hysteresis effects from monetary policy The impact of inflation on bank earnings Centralised wage formation Fiscal policy Price stability goal Uncertainty concerning policy formation Policy uncertainty in a fixed-but-adjustable exchange rate regime The impact of uncertainty on wage setting Policy implications of monetary non-neutrality Unemployment / Effect of inflation on Monetary policy Arbeitslosigkeit (DE-588)4002730-2 gnd Mathematisches Modell (DE-588)4114528-8 gnd Inflation (DE-588)4026887-1 gnd Geldpolitik (DE-588)4019902-2 gnd |
| subject_GND | (DE-588)4002730-2 (DE-588)4114528-8 (DE-588)4026887-1 (DE-588)4019902-2 |
| title | Money and the natural rate of unemployment |
| title_alt | Money & the Natural Rate of Unemployment Introduction The literature The wage formation process Imperfect integration of securities markets Monopolistic competition in bank markets Utility from securities holdings Hysteresis effects from monetary policy The impact of inflation on bank earnings Centralised wage formation Fiscal policy Price stability goal Uncertainty concerning policy formation Policy uncertainty in a fixed-but-adjustable exchange rate regime The impact of uncertainty on wage setting Policy implications of monetary non-neutrality |
| title_auth | Money and the natural rate of unemployment |
| title_exact_search | Money and the natural rate of unemployment |
| title_full | Money and the natural rate of unemployment Finn Ostrup |
| title_fullStr | Money and the natural rate of unemployment Finn Ostrup |
| title_full_unstemmed | Money and the natural rate of unemployment Finn Ostrup |
| title_short | Money and the natural rate of unemployment |
| title_sort | money and the natural rate of unemployment |
| topic | Unemployment / Effect of inflation on Monetary policy Arbeitslosigkeit (DE-588)4002730-2 gnd Mathematisches Modell (DE-588)4114528-8 gnd Inflation (DE-588)4026887-1 gnd Geldpolitik (DE-588)4019902-2 gnd |
| topic_facet | Unemployment / Effect of inflation on Monetary policy Arbeitslosigkeit Mathematisches Modell Inflation Geldpolitik |
| url | https://doi.org/10.1017/CBO9780511492501 |
| work_keys_str_mv | AT østrupfinn moneyandthenaturalrateofunemployment AT østrupfinn moneythenaturalrateofunemployment |