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Monetary Policy by John Fender

Monetary Policy

by John Fender
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Paperback: Paperback
  • ISBN13: 9780470019092
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Publication Date:
  • Pages: 246
  • Original Price: USD 82.95
  • Language: English
  • Edition: N/A
  • Item Weight: 460 grams
  • BISAC Subject(s): Money & Monetary Policy

Designed for advanced undergraduates in economics, this new text provides an up-to-date analysis of the practice and theory of monetary policy and discusses key models that tie in with contemporary research and policy.

The transmission mechanism of monetary policy is given particular emphasis and the book discusses the behaviour of a number of central banks, in particular the Bank of England, the European Central Bank and the Federal Reserve. The worldwide credit crunch and subsequent recession and non-conventional monetary policies such as quantitative easing are also given extensive treatment. 

There are also chapters on a wide variety of topics such as: Consumption, investment, money demand and money supply, nominal rigidities, inflation and unemployment, time Inconsistency and central bank independence, the social costs of inflation, the role of financial intermediaries, monetary policy in an open economy, the term structure of interest rates, the stock market, the housing market and fiscal policy.

John Fender is a Professor of Economics at the University of Birmingham. He has taught numerous undergraduate courses on Monetary Policy at several universities in the UK and the USA. As well as having written many research papers, John has also written two books.

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