1st Edition

Monetary Policy Rule in Theory and Practice Facing the Internal vs External Stability Dilemma

By Nicolas Barbaroux Copyright 2013
248 Pages 21 B/W Illustrations
by Routledge

248 Pages 21 B/W Illustrations
by Routledge

248 Pages 21 B/W Illustrations
by Routledge

This new volume sheds new light on current monetary issues, in particular the debate on monetary policy making, by blending theoretical economic analysis, history of economics, and historical case studies. A discretionary monetary policy refers to cases in which the central bank is free to change its policy actions or key instruments when the need arises, whilst a monetary policy rule can... Read more
Introduction  1. Modern Views on Monetary Policymaking  2. The Monetary Policy Orthodoxy  3. The French Heterodoxy  4. The Swedish Wicksellian Experiment  5. Monetary Policy facing Financial Crisis  6. Monetary Policy and Financial Crisis 

Biography

Nicolas Barbaroux is Doctor in Economics at the University of St Etienne, France