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International dimensions of monetary policy / edited by Jordi Gali and Mark Gertler.
De Gruyter University of Chicago Press eBook-Package Backlist 2000-2013 Available online
View online- Format:
- Book
- Series:
- National Bureau of Economic Research conference report.
- National Bureau of Economic Research conference report
- Language:
- English
- Subjects (All):
- Monetary policy--Congresses.
- Monetary policy.
- Globalization--Congresses.
- Globalization.
- International finance--Congresses.
- International finance.
- Physical Description:
- 1 online resource (663 p.)
- Place of Publication:
- Chicago ; London : University of Chicago Press, 2009.
- Language Note:
- English
- Summary:
- United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the
- Contents:
- Introduction / Jordi Gali and Mark Gertler
- Globalization and monetary control / Michael Woodford
- Comment: David Romer
- The transmission of domestic shocks in open economies / Christopher Erceg, Christopher Gust and David Lopez-Salido
- Comment: Malin Adolfson
- International transmission and monetary policy cooperation / Gunter Coenen, Giovanni Lombardo, Frank Smets and Roland Straub
- Comment: Christopher A. Sims
- Current account dynamics and monetary policy / Andrea Ferrero, Mark Gertler, and Lars E.O. Svensson
- Comment: Paolo Pesenti
- Monetary rules in emerging economies with financial market imperfections / Nicoletta Batini, Paul Levine, and Joseph Pearlman
- Comment: Frederic S. Mishkin
- Optimal monetary policy and the sources of local-currency price stability / Giancarlo Corsetti, Luca Dedola, and Sylvain Leduc
- Comment: Philippe Bacchetta
- The macroeconomic effects of oil price shocks: why are the 2000s so different from the 1970s? / Olivier J. Blanchard and Jordi Gali
- Comment: Julio J. Rotemberg
- Global forces and monetary policy effectiveness / Jean Boivin and Marc P. Giannoni
- Comment: Lucrezia Reichlin
- Rejoinder by Jean Boivin and Marc P. Giannoni
- Monetary policy in Europe versus the U.S.: what explains the difference? / Harald Uhlig
- Comment: Andrew Levin
- Globalization and inflation dynamics: the impact of increased competition / Argia M. Sbordone
- Comment: Tommaso Monacelli
- The effects of globalization on inflation, liquidity and monetary policy / Lucas Papademos
- Globalization and monetary policy: missions impossible / John B. Taylor
- Panel remarks / Donald L. Kohn, Rakesh Mohan, Jose Vinals.
- Notes:
- Papers from a conference held June 2007 in Spain.
- Includes bibliographical references and indexes.
- Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Apr 2020)
- ISBN:
- 9786612538391
- 9781282538399
- 128253839X
- 9780226278872
- 0226278875
- OCLC:
- 609863475
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