FREE delivery to all EXCLUSIVE BOOKS stores nationwide. FREE delivery to your door on all orders over R450. Excludes all international deliveries.

Monetary Equilibrium and Nominal Income Targeting

Nicolas Cachanosky
    Product form
      FORMAT: Paperback / softback

      R 2,536.45 Price and availability exclusive to website

      YOU COULD EARN 2,536.45 FUTURE RETAIL DISCOUNTS.
      ESTIMATED DELIVERY: Approx. 10 - 15 Business Days
      BUY NOW PAY LATER
      From R 422.74 per month!
      3x monthly payments of R 845.48 with
      4x fortnightly payments of R 634.11 with
      This book examines the case of nominal income targeting as a monetary policy rule. In recent years the most well-known nominal income targeting rule has been NGDP (level) Targeting, associated with a group of economists referred to as market monetarists (Scott Sumner, David Beckworth, and Lars Christensen among others). Nominal income targeting, though not new in monetary theory, was relegated in economic theory following the Keynesian revolution, up until the financial crisis of 2008, when it began to receive renewed attention. This book fills a gap in the literature available to researchers, academics, and policy makers on the benefits of nominal income targeting against alternative monetary rules. It starts with the theoretical foundations of monetary equilibrium. With this foundation laid, it then deals with nominal income targeting as a monetary policy rule. What are the differences between NGDP Targeting and Hayek’s rule? How do these rules stand up against other monetary rules like inflation targeting, the Taylor rule, or Friedman’s k-percent?Nominal income targeting is a rule which is better equipped to avoid monetary disequilibrium when there is no inflation. Therefore, a book that explores the theoretical foundation of nominal income targeting, comparing it with other monetary rules, using the 2008 crisis to assess it and laying out monetary policy reforms towards a nominal income targeting rule will be timely and of interest to both academics and policy makers.
      Format: CONTRIBUTORS: Nicolas Cachanosky EAN: 9780367589448 COUNTRY: United Kingdom PAGES: WEIGHT: 300 g HEIGHT: 234 cm
      PUBLISHED BY: Taylor & Francis Ltd DATE PUBLISHED: 2020-08-14 CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Business Law, BUSINESS & ECONOMICS / Corporate Finance / General, BUSINESS & ECONOMICS / Finance / Financial Risk Management WIDTH: 156 cm SPINE:

      Book Themes:

      Monetary economics, Public finance accounting, Banking

      Customer Reviews

      Be the first to write a review
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      Nicolás Cachanosky is Assistant Professor of Economics at Metropolitan State University of Denver, USA. His main research is on monetary policy and appears in the Journal of Institutional Economics, the Quarterly Review of Economics and Finance, and in the Review of Financial Economics among others.
      This book examines the case of nominal income targeting as a monetary policy rule. In recent years the most well-known nominal income targeting rule has been NGDP (level) Targeting, associated with a group of economists referred to as market monetarists (Scott Sumner, David Beckworth, and Lars Christensen among others). Nominal income targeting, though not new in monetary theory, was relegated in economic theory following the Keynesian revolution, up until the financial crisis of 2008, when it began to receive renewed attention. This book fills a gap in the literature available to researchers, academics, and policy makers on the benefits of nominal income targeting against alternative monetary rules. It starts with the theoretical foundations of monetary equilibrium. With this foundation laid, it then deals with nominal income targeting as a monetary policy rule. What are the differences between NGDP Targeting and Hayek’s rule? How do these rules stand up against other monetary rules like inflation targeting, the Taylor rule, or Friedman’s k-percent?Nominal income targeting is a rule which is better equipped to avoid monetary disequilibrium when there is no inflation. Therefore, a book that explores the theoretical foundation of nominal income targeting, comparing it with other monetary rules, using the 2008 crisis to assess it and laying out monetary policy reforms towards a nominal income targeting rule will be timely and of interest to both academics and policy makers.
      Format: CONTRIBUTORS: Nicolas Cachanosky EAN: 9780367589448 COUNTRY: United Kingdom PAGES: WEIGHT: 300 g HEIGHT: 234 cm
      PUBLISHED BY: Taylor & Francis Ltd DATE PUBLISHED: 2020-08-14 CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Business Law, BUSINESS & ECONOMICS / Corporate Finance / General, BUSINESS & ECONOMICS / Finance / Financial Risk Management WIDTH: 156 cm SPINE:

      Book Themes:

      Monetary economics, Public finance accounting, Banking

      Customer Reviews

      Be the first to write a review
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      0%
      (0)
      Nicolás Cachanosky is Assistant Professor of Economics at Metropolitan State University of Denver, USA. His main research is on monetary policy and appears in the Journal of Institutional Economics, the Quarterly Review of Economics and Finance, and in the Review of Financial Economics among others.

      Recently viewed products

      Login

      Forgot your password?

      Don't have an account yet?
      Create account