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  • MONETARY POLICY INFLATION & THE BUSINESS By Jordi Gali (Hardback)

    • Item No : 396705101923
    • Condition : Brand New
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    • Seller : bookwanderers
    • Current Bid : US $101.30
    • * Item Description

    • This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, the framework provides the theoretical underpinnings for the price stability-oriented strategies adopted by most central banks in the industrialized world.
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